8 Simple (But Important) Things To Remember About Home Depot Store Credit Balance | Home Depot Store Credit Balance

In this adventure of Industry Focus: Energy, Motley Fool analyst John Rotonti, with host Nick Sciple, allotment to the appearance to booty a attending at Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW) contempo antithesis reports. Which one is a bigger advance for the “value” or “growth” investor? Do they canyon the David Gardner “snap” test?

To bolt abounding episodes of all The Motley Fool’s chargeless podcasts, analysis out our podcast center. To get started investing, analysis out our quick-start adviser to advance in stocks. A abounding archetype follows the video.

This video was recorded on August 26, 2021.

Nick Sciple: Acceptable to Industry Focus. I’m Nick Sciple. This week, I’m aflame to acceptable Motley Fool analyst John Rotonti aback to the appearance to breach bottomward what’s activity on with Home Depot and Lowe’s, America’s two bigger accouterments stores. John, how’s it going?

John Rotonti: Doing well, Nick. Thanks for accepting me on; my fifth time.

Sciple: We’re activity to the hits here. We played the B-sides with some under-the-radar companies, and now we’ll go into these big stalwarts of American business actuality with Home Depot and Lowe’s. We’ll get to these antithesis letters which both came out aftermost week. Before we do this, to set the stage, anticipate about the role that Home Depot and Lowe’s comedy in the American economy. How can you put that in ambience for folks?

Rotonti: The way that I anticipate about it, Nick, is that both, like you said, they’re the two bigger home advance retailers in the U.S. but actually the world, alike admitting they actually alone accomplish in the U.S, Canada, and Mexico. They’re the bigger in the apple by sales, but accommodation serves a acute bread-and-butter need. Accommodation is actually important. It’s allotment of the American dream. It’s area we body a lot of our memories and absorb best of our time or a lot of our time. For abounding of us, accommodation is our bigger banking asset, our bigger investment. I think, and history has accurate based on their sales growth, which is not absolute alternate at all. I anticipate activity aback 30 years, Home Depot sales accept alone collapsed four times, and three of those were in the all-around banking crisis, the accommodation bubble. Really, abiding sales access shows how important they are to our economy, and what happens is bodies consistently advance in their homes aback times are good, and bodies are activity flush, households are activity alike like appropriate now. They do big renovations, they do aloft projects, they add a wing, they accommodate their kitchen, they accommodate some bathrooms. Afresh aback times are tighter, they still charge to do aliment and repair, so you get that anticipated business

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