Home Depot defies the struggling housing market! That is exactly what makes the stock my portfolio anchor!
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Home Depot (i)(HD) is currently demonstrating why a cyclical business can still be remarkably robust. The company operates 2,364 stores and more than 1,340 SRS locations, covering practically every project around the home. Lumber and building materials, plumbing and electrical supplies, paint, tools, hardware, garden products, and appliances. This breadth gives Home Depot access to DIY enthusiasts as well as professional craftsmen and construction companies. However, the environment could hardly be more challenging. The average 30-year U.S. mortgage...
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