If you are wondering whether Home Depot is still a solid value at around US$386.53 per share, you are not alone. The stock often sits on many investors’ watchlists when they think about large US retailers.
The share price has returned 1.7% over the last 7 days, 10.5% over the last 30 days, 11.8% year to date, 32.8% over 3 years and 61.7% over 5 years, while the return over the last year sits at a 6.8% decline.
Recent attention on Home Depot has focused on how its share price performance compares with other large US retailers and what that might suggest about investor expectations and risk. Broader market commentary has also highlighted home improvement demand and consumer spending as key themes that investors are watching closely for…
