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Aug. 11, 2020, 8:52 a.m. EDT

Highly Valued US Stocks: $HD $CSCO $ADBE

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The Market Signal was created as a platform to help investors, if you own /zigman2/quotes/208081807/composite HD -3.19% , /zigman2/quotes/209509471/composite CSCO -1.50% or /zigman2/quotes/200389143/composite ADBE -4.25% and want to join the fastest growing community of investors on the web then sign up to the link below. Members get free access to the best investment tools in the world. Start trading like a pro today. This is a limited time offer so click the link below NOW.

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Home Depot Reports Drop In Same-Store Sales

https://themarketsignal.com/Free-Report/HD

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Home Depot Inc. /zigman2/quotes/208081807/composite HD -3.19% closed at $271.64 yesterday with one of the highest market caps of $292.15 billion.

According to data from UBS, there has been a drop in same-store sales for home improvement companies Home Depot and Lowe's. The company reported strong results in May and June. Despite the drop however, the company's estimates are still higher than projected. Home Depot is expected to report quarterly results on Tuesday, August 18,

Home Depot Inc /zigman2/quotes/208081807/composite HD -3.19% has announced plans to open three additional distribution centers in the next 18 months as it seeks to feeling the growing demand for home delivery and pick-up points. According to the company's the growing demand for delivery services has seen customers experience long waits and shipping delays.

Home Depot reported an 80% growth in online sales in the first quarter which ended May 3. The company's online sales segment contributed around 15% or $4.2 billion of its net sales. In-store sales accounted to 60% of the company's net sales.

The company was already reporting improved online sales even before the pandemic broke out. In 2018, Home Depot launched a 1.2 billion investment to open around 150 distribution facilities in five years. The company is also putting a variety of distribution centres to handle different kinds of products.

Home Depot is working to increase its capacity to offer same-day and next-day delivery to 90% of the U.S. population. Currently the company offers one-day delivery options to 50% of the U.S population. The company is putting up a 657,600-square-foot distribution center which is expected to be operational by end of this year. Another facility will be used to handle products in box trucks like cabinets and appliances.

Home Depot launched its first flatbed delivery centre in Dallas at the start of this year. The company has since opened another one in Baltimore and has plans to launch around 30 to 35 more around the U.S.

Cisco Systems acquires ThousandEyes

https://themarketsignal.com/Free-Report/CSCO

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Cisco Systems, Inc. /zigman2/quotes/209509471/composite CSCO -1.50% closed at $47.43 yesterday with one of the highest market caps of $200.26 Billion.

Cisco (NASDAQ: CSCO) has announced the acquisition of ThousandEyes whose internet and cloud intelligence platform is used to expand visibility and insights into digital delivery of applications and services over the loud and internet. ThousandEyes' technology is used by organizations to scan and visualize any network and quickly get out actionable insights.

/zigman2/quotes/208081807/composite
US : U.S.: NYSE
$ 271.04
-8.92 -3.19%
Volume: 3.10M
Sept. 18, 2020 1:51p
P/E Ratio
24.85
Dividend Yield
2.21%
Market Cap
$301.36 billion
Rev. per Employee
$261,993
loading...
/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 39.77
-0.60 -1.50%
Volume: 20.51M
Sept. 18, 2020 1:52p
P/E Ratio
15.08
Dividend Yield
3.63%
Market Cap
$170.90 billion
Rev. per Employee
$684,933
loading...
/zigman2/quotes/200389143/composite
US : U.S.: Nasdaq
$ 454.16
-20.15 -4.25%
Volume: 2.96M
Sept. 18, 2020 1:52p
P/E Ratio
57.31
Dividend Yield
N/A
Market Cap
$227.51 billion
Rev. per Employee
$445,024
loading...
/zigman2/quotes/208081807/composite
US : U.S.: NYSE
$ 271.04
-8.92 -3.19%
Volume: 3.10M
Sept. 18, 2020 1:51p
P/E Ratio
24.85
Dividend Yield
2.21%
Market Cap
$301.36 billion
Rev. per Employee
$261,993
loading...
/zigman2/quotes/208081807/composite
US : U.S.: NYSE
$ 271.04
-8.92 -3.19%
Volume: 3.10M
Sept. 18, 2020 1:51p
P/E Ratio
24.85
Dividend Yield
2.21%
Market Cap
$301.36 billion
Rev. per Employee
$261,993
loading...
/zigman2/quotes/209509471/composite
US : U.S.: Nasdaq
$ 39.77
-0.60 -1.50%
Volume: 20.51M
Sept. 18, 2020 1:52p
P/E Ratio
15.08
Dividend Yield
3.63%
Market Cap
$170.90 billion
Rev. per Employee
$684,933
loading...
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