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About Home Depot Inc (HD)
The Home Depot is a home improvement retailer with more than 2,250 physical locations across 50 U.S. states, Canada and Mexico. The National Retail Federation, a trade group, ranks HD among the largest U.S. retailers based on sales. The performance of HD is often regarded as an indicator of American homeowner sentiment because of its product focus.
The most recent reported operations recorded an annualized pace of 1.8 billion individual transactions across digital and physical-location sales. HD also derives income from installation programs connecting contractors with homeowners.
Like other major brick-and-mortar retailers, HD initially saw traffic to stores collapse during the Covid-19 lockdown. Digital sales soared by 100% during a three-month period ending Sept. 1. Consumers stuck at home concentrated on repairs and upgrades lifting HD’s total revenues for the first nine months of the year by 18% versus the same period in 2019, despite store closures. Consensus analyst estimates now call for the company to earn $11.81 per share in the fiscal year 2021 based on projected sales of $130 billion.
How to invest in Home Depot Inc (HD) stock with Uphold
Forget using complex equity trading platforms - Uphold makes it easy to buy Home Depot shares as well as many other top stocks. You can also buy cryptocurrencies, stablecoins, national currencies, and precious metals.
Do you want to invest in HD with USD? You only need a verified Uphold account to buy Home Depot shares fast.
Here’s how easy it is to get started:
- Go to and click ‘ ’.
- Enter your email address, create a password, and complete an identity check.
- Your account will be activated, and you can start using Uphold.
You can then fund your account with your debit card, credit card, bank account, or crypto deposit. Your Uphold account can be used to make payments to vendors, send money to friends on the other side of the world, and more.
Uphold’s unique ‘Anything-to-Anything’ trading experience will make any currency exchange a seamless process, all commission-free.
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