Stock Market Sell-Off: Is Home Depot a Buy?
With the Federal Reserve hiking interest rates to fight inflation, and economists raising the prospect of a recession, the stock market continues to be in a rough patch. The S&P 500 has fallen by 11% over the past year.
But long-term investors know that this type of market creates opportunities. Stock selection remains the key to creating wealth, however. It's not easy finding high-quality companies.
Home Depot (NYSE: HD) has been a successful company for decades. With the share prices down 10% over the last year, they warrant a closer look.
Source Fool.com
