Disney (NYSE: DIS) and Home Depot (NYSE: HD) had quite different experiences of 2020. While the home improvement giant was understandably deemed an essential retailer and its brick-and-mortar stores remained open, many of the entertainment powerhouse’s operations had to shut down for most of the year. Not surprisingly, Home Depot’s revenues surged while Disney’s plunged.
Yet despite that contrast in fortune, Disney’s stock price fared better than Home Depot’s.
That was the past. For investors considering whether to buy a stock, it’s more important to attempt to gauge the company’s future and consider it in a long-term framework. With that in mind, let’s weigh the merits of Disney and Home Depot to determine which is the better stock to buy now.