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Home Depot Stock Just Hit an All-Time High. Should You Keep Buying?

·5 min read
Home Depot Stock Just Hit an All-Time High. Should You Keep Buying?
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The world's largest home improvement retailer, Home Depot (NYSE: HD), has been one of the shining stars of the pandemic recovery, delivering a return of nearly 40% so far in 2021. Home price appreciation has driven much of the gains at Home Depot. When homes soar in value, homeowners eventually tap home equity lines to improve them -- and home prices have been soaring.