The Simple Reason Why I Won't Buy Home Depot, Inc. Stock
Home Depot (NYSE: HD) has proven to be a retail chain that's immune to internet disruption. Most likely, that's partly due to the fact that many of the items it sells consumers actually want to see or touch, and partly because of the size of many building materials.
Shares, as you can see on the chart below, have almost doubled over the last three years. There's no reason to expect that steady growth to change anytime soon, but I still have no interest in owning any shares.
Source: Fool.com
Home Depot Inc. Stock
€334.25
0.820%
The stock is one of the favorites of our community with 41 Buy predictions and 3 Sell predictions.
As a result the target price of 366 € shows a slightly positive potential of 9.5% compared to the current price of 334.25 € for Home Depot Inc..