Home Depot Stock Beats Apple in This Key Investor Metric
On the surface, Home Depot (NYSE: HD) and Apple (NASDAQ: AAPL) have nothing in common. One's a high-flying technology company that redefined communications with its smartphones, and the other is a boring hardware retailer.
However, one thing that unites these two companies is their incredible performance over the past decade. Apple has grown its market capitalization 434%, rapidly closing in on a $1 trillion valuation, while Home Depot has increased market cap by 330%. For comparison, the S&P 500 has increased by only 77% in this period.
Based on financial media coverage and market capitalization, you'd expect an investment in Apple to be worth more than an investment in Home Depot 10 years ago -- and you'd be wrong.
Source: Fool.com
Home Depot Inc. Stock
€313.10
-0.370%
The stock is one of the favorites of our community with 35 Buy predictions and 3 Sell predictions.
As a result the target price of 348 € shows a slightly positive potential of 11.15% compared to the current price of 313.1 € for Home Depot Inc..
