Home Depot (HD) closed at $311.97 in the latest trading session, marking a +0.74% move from the prior day.
Companies with demonstrable competitive advantages in profitable industries are likely to do well over the long haul. Home improvement retailer Home Depot (NYSE: HD) and snack and beverage giant PepsiCo (NASDAQ: PEP) are two wonderful stocks that I believe could position their shareholders for early retirements. A $10,000 investment in Home Depot made 10 years ago with dividends reinvested would now be worth more than $72,000 -- giving it an average annual total return rate of 21.9%.
Home Depot (HD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.