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Is Home Depot Stock a Buy?


Home Depot's (NYSE: HD) stock is enjoying a long run of stellar performance, moving higher by about 790% over the previous 10 years alone. However, the stock's sell-off in February and March as the coronavirus pandemic overtook the country handed the stock its largest decline since the financial crisis.

While shareholders who were able to hold on have recovered their losses and then some, they may be wondering where Home Depot will go next. With no end in sight to the contagion, investors have to decide whether the stock still offers value under current conditions.

Image source: Getty Images.

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Source Fool.com

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