Research Information Available from Value Line This chapter stressed the importance of evaluating potential investments. Now it's your turn to try your skill at evaluating a potential investment in the Home Depot Corporation. Assume you could invest $10,000 in the common stock of this company. To help you evaluate this potential investment, carefully examine Exhibit 14-7, which reproduces the research report on Home Depot from Value Line. The report was published in June 2018. Questions a 1. Based on the research provided by Value Line, would you buy Home Depot's stock? Justify your answer. 2. What other investment information would you need to evaluate Home Depot's common stock? Where would you obtain this information? 3. On June 19, 2018, Home Depot's common stock was selling for $199 a share. Using the internet, determine the current price for a share of Home Depot's common stock. Based on this information, would your investment have been profitable if you had purchased the common stock for $199 a share? (Hint: Home Depots stock symbol is HD.) 4. Assuming you purchased Home Depots stock on June 19, 2018, and based on your answer to question 3, would you want to hold or sell your Home Depot stock? Explain your answer. Research Information Available from Value Line This chapter stressed the importance of evaluating potential investments. Now it's your turn to try your skill at evaluating a potential investment in the Home Depot Corporation. Assume you could invest $10,000 in the common stock of this company. To help you evaluate this potential investment, carefully examine Exhibit 14-7, which reproduces the research report on Home Depot from Value Line. The report was published in June 2018. Questions a 1. Based on the research provided by Value Line, would you buy Home Depot's stock? Justify your answer. 2. What other investment information would you need to evaluate Home Depot's common stock? Where would you obtain this information? 3. On June 19, 2018, Home Depot's common stock was selling for $199 a share. Using the internet, determine the current price for a share of Home Depot's common stock. Based on this information, would your investment have been profitable if you had purchased the common stock for $199 a share? (Hint: Home Depots stock symbol is HD.) 4. Assuming you purchased Home Depots stock on June 19, 2018, and based on your answer to question 3, would you want to hold or sell your Home Depot stock? Explain your