Home Depot (HD 2.18%) and Lowe's Companies (LOW 1.11%) are both down over 20% on the year. Both companies have traditionally been strong dividend growth stocks with 5-year dividend growth rates of 15% or more. In today's video, I will break down both companies, looking both at valuation and the dividend to determine which is the better buy right now.

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*Stock prices used were end-of-day prices of Oct. 31, 2022. The video was published on Oct. 31, 2022.