Buying an Home Depot Location:

Public/Private: Public
Stock Symbol (if applicable): HD
S & P Credit Rating: BBB+
# of locations: 2,200+

Home Depot is the world’s largest home improvement retailer, and the second largest retailer in the United States. The company, headquartered in Atlanta, operates more than 2,200 stores across the United States, Canada, Mexico and China.

Home Depot weathered the housing meltdown rather well, as it scaled back expansion plans and focused on consumers seeking to fix up houses. The company scaled back on the expansion of more than 50 new stores in its pipeline, and also slowed a stock buyback program to save cash for existing stores. Home Depot is a big box retailer who requires a substantial amount of land for a store.

Home Depot easily makes its way to the top of the list when it comes to home improvement. They have carefully targeted their specific market and continue to grow year after year. Many won’t believe this large company was built off such a small start but believe it or not these huge warehouses in your neighborhoods all started with a small hardware store. The company continued to grow year after year and always keeps its customers happy, through Home Depot’s growth they have always had a main focus on keeping customers happy and their stores stocked with all of the goods in excess.

The Home Depot company has survived through many economic hardships and continues to grow day after day. Home owners have began taking the task of repairing small problems on their own instead of paying for costly repairs. At Home Depot no job is too big or too small especially when they have classes that teach you just how to do things and a friendly reliable staff that can instruct you on nearly everything you need.

If you are in need of any help with finding more information about the Home Depot company don’t hesitate to contact us at any time. We have all the information you may need when considering investing in a company like Home Depot, speak to us today for any information you may need!

Our Take:

With residential homebuilding looking like it has reached a bottom; expect this retailer to see a spike in earnings over the next fiscal year. Based on this we believe Home Depot makes an excellent tenant.  

 
   
   

 

Please allow us the opportunity help you locate and acquire your investment property today..

1-321-443-6001 (Jeff)
1-321-258-6827 (Wade)
1-888-206-6040 (Toll Free)

4499 W. Hwy 192 - Kissimmee, FL  34746

 

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The experts at ComDev, LLC will be able to fully explain the investment opportunities out there that fit your budget and investment needs.

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