Is Home Depot's Premium Price Justified?
Home improvement sales have been one of the surprising side effects of the coronavirus pandemic. Folks who planned on spending a lot more time at home thought they might as well make their living spaces as comfortable as possible.
Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) have benefited from the trend tremendously. Still, Home Depot stock sells at a premium price compared to Lowe's when measured by the price-to-earnings and price-to-free-cash-flow ratios. Let's look closer to determine whether that premium price is justified.
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Source Fool.com
