When it comes to investing this year, there's no place like home.
Homebuilding stocks are up more than 7 percent in 2015, widely outperforming the S&P 500 (down 4 percent), as builder confidence in the nation's housing market has soared to prerecession highs. And according to one top technician, there's about to be a breakout for one name in particular that's closely tied to the housing industry: Home Depot.
"This is obviously one of the largest stocks in the market and as the technical expression goes, it acts well," Carter Worth said Friday on CNBC's "Options Action." Home Depot is up more than 10 percent year to date and is the third best-performing stock in the Dow Jones industrial average during that period.