Reported about 1 year ago
This article discusses four specific reasons why investors should consider buying Home Depot stock. Firstly, despite recent setbacks, the company's size and reach position it for a strong rebound. Secondly, Home Depot has a solid dividend record, even though dividend growth has not been consistent. Thirdly, the stock is currently trading at a 14% discount from its recent peak, presenting a potential buying opportunity. Lastly, with a homebuilding recovery on the horizon, the company's performance is likely to improve. Overall, the article suggests that investors should consider investing in Home Depot stock due to its growth potential and current valuation.
Source: YAHOO