Can Home Depot Stock Double in 5 Years?
Higher interest rates over the past couple of years, unsurprisingly, have impacted the housing market and any adjacent industries. Home Depot (HD -1.34%) has been negatively affected by this. After posting double-digit revenue growth in fiscal 2020 and fiscal 2021, its gains have been more muted in recent years. According to consensus analyst estimates, Home Depot's revenue is projected to grow 3.8% per year on average over the next three fiscal years. There isn't much to be excited about. Despite muted exp ...