Over the past five years, Walmart (NYSE: WMT) shares have climbed 70%, easily beating the 48% gain of Home Depot (NYSE: HD). Here's what investors need to know. After experiencing a surge in demand during the worst days of the pandemic, Home Depot's business is seeing a notable slowdown.
In a recent divergence of retail giants, Walmart (NYSE:WMT) has significantly outperformed Home Depot (NYSE:HD) over the past five years, with its shares observing a 70% surge compared to Home Depot's 48% rise. As of Friday, Walmart's shares continue to trade near their highest levels, while Home Depot is currently trading 25% below its December 2021 peak.
Wall Street often puts stocks on the discount rack for good reasons. Read on for some reasons to like Home Depot (NYSE: HD), Chewy (NYSE: CHWY), and Crocs (NASDAQ: CROX) right now. Home Depot has been through many downturns in the home improvement industry, including a brutal one during the Great Recession.