Shares of This Little-Known Home Improvement Business Have Outperformed Home Depot Stock Over the Last 5 Years. Here's Why I Expect This Trend to Continue Over the Next 5 Years.
Floor & Decor(FND) The Motley Fool·2024-11-25 03:00If I had a time machine and could go back 40 years, The Home Depot (HD 2.33%) would be on my list of stocks to buy. The company reimagined what a home-improvement store could be with its sprawling spaces stocking more products than traditional shops. This allowed for rapid expansion to over 2,300 locations today.A $10,000 investment in The Home Depot stock 40 years ago would be worth nearly $15 million today. And reinvesting dividends would have resulted in an investment worth over $25 million. Shares of Th ...