There is nothing that can rocket a stock into the stratosphere like an earnings report. A big beat and you are an instant rock star. Have a history of big beats and you become a thing of legend. Today’s Bull of the Day is already a legend. It’s a stock I’m sure all of you know and a store that you have all been too. Heck, my parents go there just to walk around and stare at stuff to buy. Yes, it’s their favorite pass-time. I am talking about Zacks Rank #1 (Strong Buy) Home Depot HD. The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, building materials, lawn and garden products, and decor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers. Last quarter’s 51-cent upside surprise for Home Depot was the latest in a long line of earnings beats. Over the last four quarters alone, the company has beat earnings by an average of 39-cents or 12.09%. The upside surprise caused analysts to take note and shift their earnings estimates The Home Depot, Inc. Price and Consensus The Home Depot, Inc. price-consensus-chart | The Home Depot, Inc. QuoteHome Depot is in the Building Products – Retail industry which ranks in the Top 6% of our Zacks Industry Rank. The stock is currently a Zacks Rank #1 (Strong Buy) because of the series of earnings estimate revisions coming from analysts all over Wall Street. Over the last week alone, twelve analysts have increased their earnings estimates for Home Depot’s current year and next year. The bullish sentiment pushed up our Zacks Consensus Estimates for the current year from $14.46 to $15.42 while next year’s number is up from $15.05 to $16.06. Current year EPS growth is forecast to come in at 28.1% while next year’s number is expected to slow to 4.13%. That’s on revenue growth of 13.3% for this year and 1.4% for next year. Zacks’ Top Picks to Cash in on Artificial Intelligence This world-changing technology is projected to generate $100S of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Home Depot, Inc. (HD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research