Analysis Finds Home Depot Outperformed Apple in Historical Stock Returns
What happened
A review published in insidermonkey.com noted that The Home Depot, Inc. was the highest-returning U.S. stock of the past 45 years, according to a Wall Street Journal analysis. The review found that a $1,000 investment in Home Depot could have grown to approximately $16 million by 2026, achieving a 24% compound annual return. This return rate edged out Apple Inc.'s average annual return of roughly 20% over a similar time span.
From insidermonkey.com
Why it matters
The analysis highlights the power of aggressive buyback programs and company scale in driving per-share returns. The findings provide a historical benchmark against which companies like Apple Inc. are measured regarding long-term shareholder value creation.
From insidermonkey.com
Who's involved
- Apple Inc.Benchmark company used in the historical performance comparison
Keep exploring
The entities involved
-
Apple Inc.
American multinational technology company based in Cupertino, California