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Stock impact report

Here's How Much a $1,000 Investment in Home Depot Stock 10 Years Ago Would Be Worth Today [Yahoo! Finance]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Which meant buying home improvement supplies, a sector that Home Depot dominates along with just one major competitor (Lowe's). Check Out: 7 Best Stocks To Buy Under $1 Read Next: 5 Genius Things All Wealthy People Do With Their Money But if you zoom out to look at the last decade, how did Home Depot perform? Was it just a pandemic darling, a flash in the pan? Or has it actually delivered strong long-term returns for investors Sponsored: Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity. $1,000 Invested in Home Depot 10 Years Ago A decade ago, Home Depot's stock closed at $79.40. At the time of this writing, it's trading at $331.97. That means it's exploded by over 318% over the last ten years. That comes to an average annual return of 31.8%, ignoring compounding (if you want to include compounding when you calculate returns, use an internal rate of return calculator). If you invested $1,000 a d Show less Read more
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