Looking to Buy Home Depot Stock? This Might Be Its 1 Secret to Success
Home Depot(HD) The Motley Fool·2024-04-15 05:15
This top retailer has a strong position with a key customer group.Buying industry-leading businesses has generally worked out well for investors over the long haul. This applies even in the home improvement space.If you'd bought $10,000 worth of Home Depot (HD -1.29%) shares 10 years ago, you'd be sitting on a portfolio balance of $58,000 today. If we look back even further, the gains are even more impressive.As this top retail stock sits 18% below its peak price (as of April 12), you might be eyeing Home D ...