According to the average brokerage recommendation (ABR), one should invest in Home Depot (HD). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
In the latest trading session, Home Depot (HD) closed at $328.09, marking a +1.21% move from the previous day.
Costco Wholesale (NASDAQ: COST) and Home Depot (NYSE: HD) have both been phenomenal stock holdings for patient investors. Home Depot might be a better fit for your portfolio if you're looking for both dividend income and blazing earnings growth. Sure, annual profits are less predictable for the home improvement giant than they are for Costco, which generates most of its earnings from subscription fees.