With prices cooling, interest rates soaring, and a recession potentially on the way, Wall Street has abandoned the niche. The good news is that Home Depot has already experienced some of the pain that investors are fearing is on the way. Interest rates have been climbing and home sales slowing for a while now.
Buying and holding stocks long term maximizes the benefits of compounding returns. In this video, I discuss why Home Depot (NYSE: HD) and The Walt Disney Company (NYSE: DIS) are two excellent stocks to hold forever.
The broad market indexes are entering bear market territory, creating some bargain buying opportunities for the stocks within. Here's why I am considering buying Home Depot (NYSE: HD) and Nike (NYSE: NKE) stock if their price keeps falling.