If You Invested $100 In This Stock 10 Years Ago, You Would Have $500 Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Home Depot (NYSE:HD) has delivered an average annual return of 16.33%, outperforming the market by 5.89% on an annualized basis. A $100 investment in HD stock a decade ago would be worth $451.68 today. Home Depot's market capitalization currently stands at $354.87 billion.
January 22, 2024 | 7:00 pm
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Home Depot has significantly outperformed the market with a 16.33% average annual return over the past decade, turning a $100 investment into $451.68.
The historical performance of Home Depot is indicative of the company's strong growth and market outperformance. This track record may instill confidence in investors and could lead to a positive short-term impact on the stock price as it highlights the company's long-term value creation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100