Better Buy: Home Depot or All 30 Dow Jones Stocks?
People are looking for good investments after this year's bear market losses. Getting your stock portfolio right is especially important if a recovery is around the corner. If you're deciding between all of the Dow Jones stocks and one of its popular constituents, Home Depot (NYSE: HD), then consider the following pros and cons for each.
Home Depot leads the home-improvement retail industry, capturing more than 15% of a fragmented market. Its sales were 60% higher than its closest rival Lowe's last quarter. Home Depot also has significant traction with contractors and building professionals, and the company expects them to provide roughly half of its revenue within a few years.
Consumer sentiment and homebuilding activity are the most important catalysts for Home Depot. In the short term, there are some complications on both of those drivers.
Source Fool.com
