Attractive stocks have exceptional fundamentals. In the case of The Home Depot, Inc. (NYSE:HD), there's is a dependable dividend payer with a strong history of delivering benchmark-beating performance. Below, I've touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Home Depot here.
Established dividend payer with proven track record
Over the past few years, HD has demonstrated a proven ability to generate robust returns of 24% Not surprisingly, HD outperformed its industry which returned 5.6%, giving us more conviction of the company's capacity to drive bottom-line growth going forward.
HD is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
For Home Depot, I've put together three fundamental aspects you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for HD’s future growth? Take a look at our free research report of analyst consensus for HD’s outlook.
- Financial Health: Are HD’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of HD? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.