The Home Depot, Inc. (HD), HD Supply: Is This The Next Great Spinoff?

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One thing I love is that The Home Depot, Inc. (NYSE:HD), while a great, crucial customer — is still only 4% of sales. The company’s top 10 customers as a whole only represent 8% of sales.

On the growth front, ROIC has gone from 9% to 36% in just three years.

Plainly put, this company looks to be a market leader, yet with substantial growth opportunities across a wide array of platforms that does not hinge on any one macroeconomic trend. If you were waiting to play the housing recovery but were too scared of its vulnerability, this many be your pick.

The article Home Depot Supply: The Next Great Spin-Off? originally appeared on Fool.com.

Fool contributor Michael Lewis has no position in any stocks mentioned. The Motley Fool recommends Home Depot and Lowe’s.

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