Could Home Depot Inc. Be a Millionaire-Maker Stock?
Home Depot (NYSE: HD) shares have had an excellent run over the past decade. Including the brutal pullback that the business endured during the worst of the housing market crisis, the stock has jumped more than 400% since late 2007. Compare that to a 65% increase for the broader market and a 185% return for its home-improvement rival Lowe's (NYSE: LOW) and it's clear this stock has been a winner for investors.
Below, we'll look at the potential for Home Depot to continue posting significant long-term gains.
Image source: Getty Images.
Source: Fool.com
Lowes Companies Inc. Stock
The stock is an absolute favorite of our community with 28 Buy predictions and no Sell predictions.
As a result the target price of 235 € shows a slightly positive potential of 6.79% compared to the current price of 220.05 € for Lowes Companies Inc..