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Valued at a market cap of $383.5 billion, The Home Depot, Inc. (HD) is a home improvement retailer based in Atlanta, Georgia. It sells a variety of building materials, home improvement products, lawn and garden products, décor items, as well as facilities maintenance, repair, and operations products.
This home improvement leader has lagged behind the broader market over the past 52 weeks. Shares of HD have gained 9.3% over this time frame, while the broader S&P 500 Index ($SPX) has surged 21.5%. Moreover, on a YTD basis, the stock is down marginally, compared to SPX’s 7.1% uptick.