Companies / Retail
Home Depot is the largest home improvement retailer in the United States. As someone in construction, I'm in these stores regularly. Here's what makes the company interesting from both a practical and investment perspective.
Home Depot pioneered the "warehouse store" concept for home improvement. The founders were fired from Handy Dan and decided to build something bigger. Their vision was simple: offer everything a homeowner or contractor needs under one roof, at competitive prices, with knowledgeable staff.
Home Depot is a dividend aristocrat and has been a strong long-term performer. The company benefits from housing market trends, DIY culture, and aging housing stock that requires constant maintenance and updates.
In construction and home renovation, I'm at Home Depot constantly. They've become the default source for materials, tools, and supplies. The Pro Xtra program and truck rental make it practical for job sites. It's not always the cheapest, but convenience and availability matter when you're on a timeline.