Is Home Depot Stock a Buy?
Home Depot's (NYSE: HD) share price has increased by 24.3% over the last year, and 118.4% over the last five years. Operating more than 2,200 stores in the U.S., Canada, and Mexico that average 105,000 square feet of shopping space, Home Depot has grown immensely since the first two stores opened in 1979.
Taking a look at revenue growth and profitability, dividend sustainability, and share price valuation, we can better determine if Home Depot is a buy, hold, or sell for a long-term investment horizon.
Home Depot has shown impressive revenue growth over the last five years, rising from $83.2 billion in 2015 to $108.2 billion in 2019 -- generating a 5.4% compound annual growth rate (CAGR).
Source Fool.com
