Up 20% in 2017, Is Home Depot Stock a Buy?
Home Depot (NYSE: HD) is beating the broad market year to date as investors reward the company for showing healthy sales growth and rising profitability. That rally might be just the start, considering the prospects for continued recovery in the housing market. On the other hand, the retailer could soon face disappointing operating trends as it passes $100 billion of annual revenue and must find new avenues for additional gains.
Below, we'll look at a few good reasons to buy shares in the home-improvement titan, as well as reasons to pass up on this investment.
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Source: Fool.com