Retail
If You Invested $1000 in Home Depot at the Market Bottom, It Now Would Be Worth $13,000

Published:
Last Updated:
One of the most difficult parts of trading is timing the markets, although in a bull market this is less of a problem. But it can be particularly difficult calling the market bottom in the middle of a bear market. 24/7 Wall St. is looking back to when the S&P 500 bottomed back in March 2009 to see how some of the major blue chips have fared since then.
Back on March 6, 2009, the S&P 500 bottomed out at 666.79, and from there began perhaps the biggest bull market of the modern era. At the most recent close, the S&P 500 was at 2,747.30, more than quadrupling its bottom nearly nine years ago.
So how does Home Depot Inc. (NYSE: HD) compare?
On an adjusted close basis, Home Depot closed March 6, 2009, at $14.36 a share, or at $18.00 on an unadjusted basis. Home Depot closed Monday at $188.35 on an adjusted basis.
Home Depot’s growth over this nine-year period was very impressive, with shares gaining more than 1,200%. So if you had invested $1,000 in Home Depot back then, you would have $13,116.30 as of Monday’s close.
Over the past 52 weeks, Home Depot has outperformed the broad markets, with its shares up about 29%. In just 2018 alone, Home Depot is down less than 1%.
Shares of Home Depot were last seen trading near $189, with a consensus analyst price target of $213.74 and a 52-week range of $144.25 to $207.61.
Retirement can be daunting, but it doesn’t need to be.
Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!
Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.