Home Depot is our next Top Buy consumer stock for the month. As the largest home improvement retailer in the US, Home Depot has been in strong demand due to more and more people staying at home due to the pandemic. Our AI systems rated Home Depot C in Technicals, B in Growth, A in Low Volatility Momentum, and A in Quality Value. The stock closed down 1.99% to $271.1 on volume of 4,168,645 vs its 10-day price average of $273.03 and its 22-day price average of $275.45, and is up 23.
73% three years ago. The stock is also trading with a Forward 12M P/E of 20.52.Consumer products giant Procter & Gamble is our next Top Buy rated consumer stock for the month. The multinational conglomerate focuses on personal health/consumer health, hygiene products, and consumer goods. Procter & Gamble’s subsidiaries consist of well known brands such as Gillette, Braun, Duracell, and more.
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