Thursday, November 7, 2013

Think Home Depot Is Too Big? Think Again.



Many investors don't need to be reminded of the tremendous growth that Home Depot (NYSE: HD  ) has seen over the previous years as the company has emerged a winner following the 2008 recession. The rebound of consumer residential spending and strong housing starts are two strong reasons why shares are up over 100% in the last two years. Outside of favorable economic trends lies a well managed and well positioned company that is well positioned to continue growing over the years.

Many investors are questioning if the company's growth can continue over the coming years. From a revenue perspective, the argument can be made that the company still has several more years of above-average growth ahead. 

Fitch Ratings released a study which concluded that homeowners are set to increase spending on home improvement projects, a trend which will continue into 2014. Read more.

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