The Traderszone Network

Published in TZ Latest News 7 October, 2017 by The TZ Newswire Staff

The Simple Reason Why I Won’t Buy Home Depot, Inc. Stock

Home Depot (NYSE: HD) has proven to be a retail chain that’s immune to internet disruption. Most likely, that’s partly due to the fact that many of the items it sells consumers actually want to see or touch, and partly because of the size of many building materials.

Shares, as you can see on the chart below, have almost doubled over the last three years. There’s no reason to expect that steady growth to change anytime soon, but I still have no interest in owning any shares.

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