Looking to Buy Home Depot Stock? This Might Be Its 1 Secret to Success
Buying industry-leading businesses has generally worked out well for investors over the long haul. This applies even in the home improvement space.
If you'd bought $10,000 worth of Home Depot (NYSE: HD) shares 10 years ago, you'd be sitting on a portfolio balance of $58,000 today. If we look back even further, the gains are even more impressive.
As this top retail stock sits 18% below its peak price (as of April 12), you might be eyeing Home Depot as a possible investment idea. Before buying shares, it's important to learn what just might be its secret to success.
Source Fool.com
