Home Depot Trades Near 52-Week High: Is the Stock Still Worth Buying?

The Home Depot Inc. (HD) has experienced steady growth in the past year, fueled by its leadership position in the home improvement market, and ongoing investments in technology, digital capabilities, and supply-chain efficiency through its "One Home Depot" plan. Reflecting this momentum, this Atlanta, GA-based home improvement retailer hit a new 52-week high of $421.56 on Oct. 15, 2024. The company’s current price of $406.40 reflects a 3.6% discount from the recently reached 52-week high mark. The stock pri ...