The Home Depot (NYSE: HD) operates as a home improvement retailer. Its stock has been on a tear since the start of the pandemic, with shares rallying from $140 in March 2020 to over $400 now. That said, it seems that the upside may be limited going forward, at least based on consensus estimates. Thus, we remain neutral on Home Depot. Measuring Efficiency Home Depot needs to hold onto a lot of inventory in order to keep the business running. Therefore, the speed at which a company can move inventory and convert it into cash is very important in predicting success.
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Home Depot (NYSE:HD)
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Home Depot (NYSE:HD)
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