Could Home Depot Be Your Ticket to Becoming a Millionaire by 2030?

There are few companies out there that have done as well for investors as Home Depot (NYSE: HD). Since its initial public offering in 1981, the home improvement chain has generated a total return of 3,297,000%. That monster gain would've turned a tiny $31 investment back then into $1 million today.Today, Home Depot carries a market cap of $387 billion. And it reported $155 billion in trailing-12-month revenue. Could this retail stock, which has made its longtime shareholders extremely wealthy in the past, be your ticket to becoming a millionaire by 2030?As of this writing, shares of Home Depot trade about 10% off their peak and the stock has underperformed the broader S&P 500 during the past five years. There's some negative sentiment surrounding the business.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool