home depot (Photo : www.wn.com)
The shares of Home Depot are rising on the early trading session, Yahoo Finance reported.
The United States' solid sales growth contributed much to the up of the sales of the home improvement company. Home Depot is also aware that the stronger dollar will have a direct impact on the earnings and revenues this year. They will make sure to take advantage of that.
Also, the Toll Brothers' shares are going up, according to ABC News. This rise by the American luxury home building company is due to an improvement in the revenue and the reported earnings of more Americans in 2015's first quarter. The Toll Brothers' sales rose to almost 33 percent. Homes were reportedly sold at higher prices.
The largest American cable operator Comcast's shares are also on the move. The recently posted that they have seen a growth in their broadband business and they will have an increase on both their dividend and share buyback.
Apple, on the other hand, is still proving the market strength of their company. Well, this is mostly due to the release of their latest iPhone model late last year. They have also been successful in keeping their buyers updated on the new models they will be releasing. There was a 2.71 percent jump in their market performance. For the first time, Apple's market value went past $770 billion.
Macy's performance has been a bit low, and there are some market analysts who warned that the department store chain's earnings and sales might be lower than what the company expects. Of course the company can still bounce back with a better marketing, branding and advertising to draw in more buyers.
Other companies that have shown a much better performance in the market are Nasaq, PLD Biopharma Inc, and Rosetta Resources Inc.
