A Bull Market Could Be Here: 3 Reasons to Buy Home Depot Stock
Last year was not easy for investors, but things seem to be improving. As of this writing, the S&P 500 is up 21% from its 52-week low in October 2022. With the broader index firmly in bull market territory, investors might want to look at some companies that haven't participated in the market's rally.
Home Depot's (NYSE: HD) shares were up just 5% through the first eight months this year, but it's a wonderful business that deserves some attention from investors. This is despite its latest financial update that showed declining sales and earnings.
Here are three compelling reasons to buy this top retail stock.
Source Fool.com