Ask 100 analysts opinions on the strength of the U.S. economic recovery, and you’ll get 101 different answers. But that variation shouldn’t surprise anyone: there are simply too many variables, metrics and indicators pointing in different directions to get one definitive answer. However, that’s not the case when talking about the validity of recovery in the United States housing market. Or, to be more specific, the renovations portion of the housing market has been in a bull’s bull for the last six years… and Home Depot (HD) has been riding the crest of that wave. In fact, HD has topped analysts’ estimates 23 times since mid 2008. And for income investors looking for their next winner, HD just raised its quarterly dividend by 21 percent, to 47 cents per share. And the prospects for continued profitability in 2014 look bright indeed.
Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager. As well as a book author and regular contributor to numerous investment websites, Jim is the editor of:
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Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: