Where Will Home Depot Be in 5 Years?
Home Depot (NYSE: HD) has become a huge success story for its long-term investors. Founders Bernie Marcus and Arthur Blank pioneered the hardware superstore concept that offers a vast selection, attractive prices, and a trained staff.
More than 40 years after opening the first Home Depot location, this concept continues to benefit home improvement shoppers and investors. Today, with One Home Depot, the company leverages an omnichannel strategy that combines in-store and online presence to give shoppers a seamless buying experience.
One Home Depot shows that the company continues to do what it must to remain competitive. Still, while Home Depot stock will probably remain appealing to long-term investors, the company's long-term growth path remains uncertain.
Source Fool.com
