Should You Invest in Home Depot?

PHOTO CREDIT: Home Depot

OVERVIEW

The Home Depot Incorporation is a company based in the United States. The company operates a chain of home improvement retail stores in the United States, Canada, and Mexico. In the company’s 2,300 stores, it sells appliances, lumber, garden supplies, paint, flooring, and many other home improvement products. The company was founded in 1978.

Why You Should?

Why You Should Not?

MY OPINION

I think that Home Depot is a great long-term investment due to its position as a good reopening play, the return of its pro customers, prices starting to normalize, its acquisition of HD Supply, as well as e-commerce opportunities. However, tough competition and slowing growth in the short to mid-term might hurt the company and its investors.

Aaditya Patel is a writer who publishes analysis on companies publicly traded on the NYSE. Follow him @the_investing787 on Instagram for summary posts.