12 Best Long-Term Stocks to Buy According to Ken Fisher

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

Number of Hedge Fund Holders: 88

Fisher Asset Management’s Stake: $3.7 billion

Home Depot, Inc. (NYSE:HD) operates as a home improvement retailer. The firm reported sales of $40.2 billion for the third fiscal quarter of 2024, an increase of 6.6% from the third fiscal quarter of the prior year. In January, the company announced the acquisition of its 1.4 million-square-foot Savannah Distribution Center (DC) and more than 100 acres of adjacent land from the Savannah Economic Development Authority (SEDA). The distribution center typically employs around 250 associates. In January, the firm partnered with the US Soccer Federation as a strategic sponsor for 27 US National Teams, including Men’s, Women’s, Youth, and Extended teams. Through this partnership, US Soccer and The Home Depot will bring communities together by shining a spotlight on local Hometown Heroes who are creating a positive impact in their communities, engaging them as Gameday Ambassadors for unique matchday experiences at US Soccer matches.