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The Bull Market Keeps Growing. 3 Reasons to Buy Home Depot Stock Like There's No Tomorrow
HDHome Depot(HD) The Motley Fool·2024-10-26 18:05

The housing market is primed for a recovery. Home Depot (HD -0.94%) is one of the best-performing stocks of all time, and today, it still retains impressive competitive advantages. It's the largest company in the massive home improvement retail industry, which has a total addressable market of close to $1 trillion. It essentially operates a duopoly with rival Lowe's, allowing both companies to earn wide operating margins and returns on invested capital. Home Depot has generally struggled since the pandemic' ...