$HD: Best Performer In Dow 2021

Home Depot Was the Best Performer in the Dow. Why the Gains Are Set to Continue Into 2022.
By Logan Moore
Dec. 31, 2021 4:55 pm ET


Home construction and improvement stocks are poised to continue their gains in 2022, as the work-from-home trend continues, mortgage rates remain low, and property values appreciate.

Retailer Home Depot (ticker: HD) was the top- performing stock in the Dow Jones Industrial Average in 2021, with a gain of 56.24%. This was the stock’s best annual performance since 1999, when it rose 68.5%, according to Dow Jones Markets data. The Dow rose 19% in 2021. The iShares U.S. Home Construction exchange-traded fund (ITB) rose 48.6%. The fund holds homebuilder stocks including D.R. Horton (DHI), Lennar (LEN), and PulteGroup (PHM), along with Home Depot .

My $HD charts on twitter: