Stocks and InvestingStocks and Investing
Sun, March 9, 2025
[ Today @ 02:04 PM ] - MyBroadband
MultiChoice at 30
[ Today @ 05:01 AM ] - BBC
Entertainment & Arts
[ Today @ 04:05 AM ] - SunStar
Davraa Meet 2025 kicks off
Sat, March 8, 2025
[ Yesterday Evening ] - BBC
Israel-Gaza war

Home Depot's Winning Ways Fueled Its 100,000% Return


Published on 2025-03-09 09:01:14 - Kiplinger
  Print publication without navigation

  • This is part eight of a 13-part series about companies whose shares have amassed 100,000% returns for investors and the path taken to generate such impressive gains over the long term. See below for links to the other stocks in this series.

The article from Kiplinger discusses Home Depot's remarkable growth, highlighting its stock performance which has yielded a 100,000% return since its IPO in 1981. This success is attributed to several strategic moves: Home Depot's focus on professional contractors, which has driven significant sales; its expansion into new markets like Canada and Mexico; and its robust online sales platform, which has seen substantial growth. Additionally, the company has benefited from a strong housing market, increased home improvement projects, and effective management under CEO Ted Decker, who has continued to push for digital transformation and operational efficiency. The article also notes Home Depot's resilience during economic downturns, its ability to adapt to changing consumer behaviors, and its consistent dividend increases, making it a favorite among investors looking for both growth and income.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/home-depot-winning-ways-fueled-its-100-000-percent-return ]