With the Federal Reserve hiking interest rates to fight inflation, and economists raising the prospect of a recession, the stock market continues to be in a rough patch. The S&P 500 has fallen by 11% over the past year.

But long-term investors know that this type of market creates opportunities. Stock selection remains the key to creating wealth, however. It's not easy finding high-quality companies. 

Home Depot (NYSE: HD) has been a successful company for decades. With the share prices down 10% over the last year, they warrant a closer look.

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Source Fool.com