3 Reasons to Buy Home Depot Stock Like There's No Tomorrow
It would be easy to presume Home Depot (NYSE: HD) stock just isn't worth owning right now. The economy looks a bit wobbly thanks to high inflation, and cash-strapped consumers aren't prioritizing home improvement in this environment. It also feels like a real estate bubble is on the verge of popping, with high interest rates seemingly undermining interest in still-overpriced homes.
Home Depot shares are arguably worth buying despite these stumbling blocks, however, for reasons that aren't quite as evident. Here are the most important three of these (related) reasons.
Most investors innately know this. But it's easy to forget that economic headwinds are temporary, and always -- eventually -- give way to longer-lived tailwinds.
Source Fool.com
