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Trading Ideas

What is a Fiscal Year vs. Calendar Year?

Ask someone to define a year and they’ll probably say January 1 to December 31. That’s correct of course—but it’s not the only correct definition. January to December represents a calendar year: the 12-month span we use for most aspects of our lives. Ask a company accountant or a Chief Financial Officer and you might get a different 12-month answer—something like July to June. This is the fiscal year for that company.
There’s a big difference between calendar year and fiscal year in the business world. It’s important to delineate which one the company adheres to when it comes to reporting …read more […]

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Trading Ideas

Home Depot Stock Forecast and Price Movements

Since 1978, Home Depot (NYSE: HD) has been helping building professionals. It’s also helping “do-it-yourselfers” get access to the supplies they need for their construction projects. With about 40,000 products total, Home Depot is a paradise for homeowners across the country. And with the recent runup in housing, now is a good time for a Home Depot stock forecast.
Home Depot is America’s 4th-largest retailer with over 2,000 locations in North America. In fiscal year 2021 it recorded sales of over $120 billion. Its typical customer tends to visit about 13 times per year and spend $978 annually.
These numbers are part …read more […]