For national retailers, it doesn't get much better than the 7.5% annual sales growth that Home Depot (HD -1.12%) just posted. In fact, it was even a banner result for Home Depot: That 2013 sales jump was its best performance in 14 years.

In the video below, Fool contributor Demitrios Kalogeropoulos discusses the company's latest business results, highlighting a few key takeaways from the report. Sales and profit trends are both stronger than they might first appear, he argues. Further, Home Depot's spiking returns on invested capital demonstrate the power of a business that's positioned to reap gains from an improving housing market. That's why even at a pricey 21 times earnings, Home Depot could be a great buy for long-term investors from here.