Home Depot: The "Honey Do" List Warehouse
Home Depot (HD) has done quite well for a retailer with a large brick and mortar presence in the midst of the COVID-19 lockdowns. I believe much of that was due to people being home significantly more and finally having the time to knock out that "honey-do list". The sample size is small, but I can say that the 2-3 stores near where we live were quite busy even during strict lockdowns and social distancing measures that were implemented early on.
Dividend History
My primary investment strategy is built upon the concept of dividend growth investing. The idea behind that strategy is to focus on business that have a history of returning excess cash to shareholders via dividends. That means that you should be focused on building stakes in high-quality businesses. A dividend growth streak is not a guarantee that the future will continue as the past occurred; however, I do believe that it's a way to narrow your focus to businesses that are less speculative.
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