3 Reasons to Buy Home Depot
The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor/analyst Austin Smith discusses topics across the investing world.
In today's edition, Austin gives investors three reasons to consider buying Home Depot today. The store recently saw impressive same-store sales growth. While mostly fueled by warmer weather, unemployment is also trending downwards which could prove to be a long-term tailwind for the company. Home Depot is historically a shareholder-friendly company with a nice dividend and a diminishing share count to boot, and it's investing for the future and improving efficiency.
Speaking of dividends, Home Depot's isn't bad at 2.5%, but it wasn't good enough to make our cut of nine rock-solid dividends. You can uncover the amazing companies that did -- just click here to read more.
At the time this article was published Austin Smithhas no positions in the companies mentioned above. The Motley Fool owns shares of Lumber Liquidators.Motley Fool newsletter services recommendLumber Liquidators and Home Depot. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.