Home Depot holds sufficient value for the next 10 years despite housing market weakness
HD Home Depot Inc
$353.42 +2.90%
View chart & analysis → - 1Home Depot shares have fallen 11% over the past 5 years, underperforming the S&P 500.
- 2Home Depot has a market capitalization of $328.44 billion and currently operates more than 2,000 stores worldwide.
- 3With a shortage of approximately 4 million homes, Home Depot is focusing on the professional contractor segment to establish a market oligopoly.
So what's the key point?
Home Depot's stock price has dropped 11% over the last 5 years, performing worse than other stocks. However, it holds enough value for the future because it dominates the professional market amid a housing shortage.
Source The Motley Fool +1 · View original ↗
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