This Dividend Superstar Is Poised for a Bull Run in 2022

·4 min read
This Dividend Superstar Is Poised for a Bull Run in 2022

Home Depot (NYSE: HD) knew it would be in such a situation in this year's first quarter after a 33% year-over-year increase in sales last year. It didn't know that with a new CEO and several strategic initiatives, it would crush its first-quarter guidance. Home Depot is the biggest home-improvement company in the world with more than 2,300 stores, most of them in the U.S. It took in nearly $152 billion in trailing 12-month sales -- and in 2022's first quarter, sales increased 3.8% year over year to $38.9 billion while earnings per share rose 6% to $4.09.

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