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When speaking of the latter, trends, the investor would like to see the business making money, but not having peaked. A certain business with its roots right here in South Florida is Office Depot, and they have shown a steady and solidly upward moneymaking trend for its stockholders.
Office Depot was formed in 1986 and its first store was opened in Fort Lauderdale. The first Chairman and Chief Executive Officer was David Fuente. Office Depot went public in 1988, with tremendous success. In 1990 Office Depot had 173 stores in 27 states while merging with Office Club, Inc. The growth of Office Depot did not only occur domestically, they also opened stores in Israel and Colombia...
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