These 2 Stocks Won't Grow Your Money Overnight, but Are No-Brainer Long-Term Buys
The housing market is cooling off as high mortgage rates and inflation threaten homebuyer demand. That could spell trouble for real estate stocks, especially those with direct ties to the housing market.
Nonetheless, a downturn can be an excellent opportunity for long-term investors to acquire shares of proven winners. Here are two shining examples of real estate excellence that will likely continue thriving over the years to come.
The Home Depot (NYSE: HD) is one of America's largest retailers and a place where you can buy hardware, tools, materials, and appliances to maintain and upgrade your home to your wildest dreams. Home Depot isn't just for the DIY adult; it also sells to professional contractors and home builders, giving it exposure to a broad swath of spending in the housing sector.
Source Fool.com