This Dividend Superstar Is Poised for a Bull Run in 2022
One way to separate great companies from mediocre ones is to see how they're faring as tailwinds die down and they face tough year-over-year comparisons.
Home Depot (NYSE: HD) knew it would be in such a situation in this year's first quarter after a 33% year-over-year increase in sales last year. It also knew in January, when it gave a first outlook for 2022, that it would be dealing with supply-chain issues, inflation, and other macroeconomic changes.
It didn't know that with a new CEO and several strategic initiatives, it would crush its first-quarter guidance. But this great company, with its robust sales and top dividend, is supercharged for 2022.
Source Fool.com
