GlennTrading

Home Depot a Long Term Buy and Hold

Long
BATS:HD   Home Depot, Inc. (The)
Home Depot began in 1982 at $0.03 per share. Imagine buying $1,000 of HD in 1982, which is now 334,000 shares, which is worth $118M and pays you $2.8M per year in dividends.

Home Depot opened up the first store in 1979 and IPOed in 1981 at $12 a share. It then with all the splits averaged to $0.03 a share.

This stock is up 1,000,000% since IPO.

Wild ride that is far from over. If you look at the trend, it is still bullish and setting up to make new highs soon.

In the last 12 months, operating cash flow was $21.03 billion and capital expenditures -$3.27 billion, giving a free cash flow of $17.76 billion for $HD. This stock pays an annual dividend of $8.36, which amounts to a dividend yield of 2.36%. The stock price has increased by +8.06% in the last 52 weeks. The beta is 0.94, so The Home Depot's price volatility has been similar to the market average.

The Home Depot has a market cap or net worth of $352.32 billion. The enterprise value is $399.52 billion.
Return on equity (ROE) is 1,339.60% and return on invested capital (ROIC) is 33.57%.

The stock's EV/EBITDA ratio is 15.68, with an EV/FCF ratio of 22.49.

This stock is a company where employee turn over is low and customers keep returning. They know their business and keep growing. The trend is still rising from the left side of the chart to the right. Invest well and build your forever income.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.