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Should passive income investors buy Home Depot stock instead of Lowe’s stock?

Fool.com contributor Parkev Tatevosian compares. home depot (NYSE: HD) and lowes (NYSE: Low) Determine which dividend stocks are better to buy for passive income investors.

*The stock price used is the afternoon price on May 30, 2024. The video was released on June 1, 2024.

Should you invest $1,000 in Home Depot right now?

Before buying stock from Home Depot, consider the following:

that much A variety of idiotic stock advisors Our team of analysts just confirmed what they believe. 10 best stocks So that investors can buy now… Home Depot wasn’t one of them. These 10 stocks that made the cut could deliver huge returns in the coming years.

When should you consider it? nvidia This listing was created on April 15, 2005… If you invested $1,000 at the time of referral; You will have $671,728!*

stock advisor It provides investors with an easy-to-follow blueprint for success, including guidance on portfolio construction, regular updates from analysts, two new stock recommendations each month, and more. that much stock advisor In the service 4 times more The return of the S&P 500 since 2002*.

See 10 stocks »

*Stock Advisor returns as of June 3, 2024.

Parkev Tatevosian, CFA has no positions in the stocks mentioned. The Motley Fool has a position at Home Depot and recommends it. The Motley Fool recommends Lowe’s Companies. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may receive compensation for promoting our services. If you choose to subscribe through his link, he will earn extra money to support his channel. His opinions remain his own and are not influenced by The Motley Fool.

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