5 Most Profitable Cheap Stocks to Buy

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In this article, we discuss 5 most profitable cheap stocks to buy. If you want to see more most profitable cheap stocks to buy, the risk/reward, and methodology of this list, go directly to 11 Most Profitable Cheap Stocks to Buy.

Although they have downside if they do not meet expectations, the following is a list of stocks that have competitive advantages that could be candidates for investment in the long term. They rank among the most profitable companies in the United States in 2022.

5. The Home Depot, Inc. (NYSE:HD)

Net Income (TTM) as of October 31, 2022: $17.10 billion

The Home Depot, Inc. (NYSE:HD) is the leading home improvement retailer in the United States with substantial scale and normalized earnings power. Although demand has softened given rising interest rates have weakened the housing market, The Home Depot, Inc. (NYSE:HD) nevertheless had trailing net income of $17.10 billion as of October 31, 2022 according to YCharts. For the future, analysts see The Home Depot, Inc. (NYSE:HD)’s earnings rising with consensus estimates of $15.49 per share for 2022, $16.67 per share for 2023, $16.81 per share for 2024, and $17.74 per share for 2025.

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