3 Must-Know Facts About Home Depot, Before You Buy the Stock
Home Depot (NYSE: HD) has historically been a wildly successful investment. Shares have produced a total return, including dividends, of 6,680% in the last 30 years. This gain crushes the broader S&P 500 index.
The bulls are hoping the good times will keep rolling. Before you buy this retail stock, which currently sits 11% below its peak, there are three facts you need to know.
Through its network of 2,335 stores, Home Depot sells home improvement products to DIY and professional customers. The former is someone who wants to do renovations or repairs on their own, while the latter are trade experts, like contractors or plumbers, who are hired by people to complete projects on their behalf. Home Depot gets about half its revenue from each of these customer groups.
Source Fool.com
