4 Dow Darlings Aiming to Repeat 2012 Success
2) Home Depot (NYSE:HD) Closing price in 2012: $61.85
2012 was the golden year for home improvement. The housing market illustrated a bottoming process in 2011, which gave way to rising consumer confidence and motivated homeowners improving their homes in 2012. The desire to improve homes was an evident alternative to the mediocre buying/selling house transaction volume and the ability to finance and refinance with banks. Home Depot shares achieved a 10-year high in December of 2012. If the housing market continues its recovery road, Home Depot is a name that stands to benefit. However, investors should keep an eye on interest rates and the strength of the housing market as key contributing factors to Home Depot stock success in 2013…
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