Home Depot stock strong on e-commerce, U.S. housing

ATLANTA — Wall Street continues to give the thumbs’ up to Home Depot stock, as housing prices continue to rise in the U.S., while its e-commerce strategy is generating 20%-plus increases in online sales annually. According to the U.S. Census Bureau, retail trade in May for building materials, garden equipment and supply dealers rose 10.82% compared with the same month last year.