HD

Stock number two that I'm going to share today is Home Depot, ticker symbol HD. I talked about Lowe's in my video earlier this week. So, Home Depot just hit a 52-week low. It's down 14% over the past 5 years, and it's down 28.5% over the past year.

Now, everyone knows Home Depot, one of the great American retailers. Now, if you want to see great, let's talk about the dividend growth run they went on from 2012 all the way through 2024.

The stock was a dividend growth machine. However, this is another case of slowing growth. Over the past 10 years, the Home Depot dividend's up 237%. That's a 12.94% compound annual growth rate.

However, over the past 3 years, it's only up 11.48%. That's a 3.68% CAGR. And the most recent dividend increase was only 1.3%. The one prior that, 2.22%.

Your next choice today is Home Depot. Also, the trend is downward as I see in this chart. So, I want to know how you are handling this stock, which is bullish, so I want to make sure you are happy with your two bullish trades today.

This was bound to happen sooner or later, wasn't it? As you know, Home Depot stock is trending downwards, but before we get into the technical details regarding Home Depot, let me clarify that what I'm looking for in this stock goes beyond what we see on the chart.

What we see in the chart may be very supportive at around the 300 level, and I will explain that shortly. What I'm specifically looking for at Home Depot is a return of the stock to any sector other than the technology sector.