Home Depot, Inc. (The)

Home Depot; Previous crash haven worth an analytical eye

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Disclaimer
This analyst has been curious on HD for quite some time, especially considering the massive amount of growth over the last few years. This analyst keeps their investments in Home Depot limited to buying at Home Depot (except plumbing stuff which Lowes has better of), but the curiosity remains all the same. Looking at recent ownership changes among institutions here, we see the classic major shareholders, but among the top and most recent actions, are sells. Short interest is sitting around ~10 million shares in a massive float, yet the dividend ratio is still ~2%. This 2% is a magic number for companies as it is supposed to match a defined inflation rate and common gains rate.

In previous crashes, Home Depot maintained stable price, likely to do a small investor base that was relatively happy staying stable. As capitalism hungers, Home Depot starts taking off post 2008 when the US went on a massive weaponization of debt leading to a historic period of hyperinflation of equities.

I cannot recommend any investment on Home Depot, the fundamentals and mechanics unclear, investors philosophies unknown, no major patterns suggest themselves save for the steady impulse up, and where it ends is anyone's guess.

Sometimes the best thing to do in a crash, is nothing. There are always stocks full of investors that are willing to carry the investment through term on the hopes of tomorrow. May we all find shelter in these equities soon.

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