Could Buying Home Depot Stock Today Set You Up for Life?

Over the past several decades, Home Depot (NYSE: HD) has grown into one of the world's largest retailers while generating life-changing investment returns for shareholders. Home Depot stock has turned a one-time $100 investment at its IPO into more than $3.6 million today.The company's secret? It's a well-run business in a growing housing market. Home Depot has widely allocated its financial resources over the years, which, combined with steady sales growth, makes long-term investors very wealthy. The million-dollar question is whether Home Depot can still do the same for people who buy the stock today.I crunched some numbers to find out and outlined the answer.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool