Fool.com contributor Parkev Tatevosian highlights one of the reasons investors are willing to pay higher valuations for Home Depot (NYSE: HD) stock compared to its main rival, Lowe's (NYSE: LOW). *Stock prices used were the afternoon prices of Sept.
Millennials are a dominant force in the homebuying market, making up a significant portion of buyers.
Floor & Decor Holdings (NYSE: FND) may not have an appealing value proposition at first glance. The hard flooring business has numerous competitors, including Home Depot and Lowe's. And with Global Market Insights forecasting a 3% compound annual growth rate for the industry over the next nine years, such stocks would probably have limited appeal to investors. With hard flooring and decor, it offers vast product selections that Home Depot and Lowe's cannot match in the relatively small amount of space their stores devote to those specialties.