The Home Depot, Inc. (NYSE:HD)

CAPS Rating: 4 out of 5

A mecca for the do-it-yourselfer, Home Depot is the world’s largest home-improvement retailer.

Recs

1
Player Avatar teufelhund05 (< 20) Submitted: 4/22/2008 4:12:19 PM : Underperform Start Price: $23.72 HD Score: -268.68

Like with Lowe's, Home Depot will not do notably better until the housing market turns around. Like someone else said to my comment about Lowe's, when the housing market pick back up people will buy up properties and those in bad shape will have to be repaired. When this happens the contractors will be going to Lowe's and Home Depot to buy there materials. Wait a year or two and these will back to levels to talk about.

Report this Post 3 Replies
Member Avatar gbear1959 (< 20) Submitted: 3/8/2010 8:33:03 PM
Recs: 0

So there is a building of pent up demand that will bode well HD, Lowes and others,when markets turn around. Would rather wait until HD is hot again and more expensive to buy or buy now while it is off the radar. HD has seen steady appreciation over the last year. It seems to me that averaging into HD now isn't such a bad idea,or selling Puts if you feel it is going to decline.

Member Avatar sipifabi (< 20) Submitted: 4/25/2010 12:18:11 AM
Recs: 0

I think that you are wrong. Home depot started reorganizing itself in late 2007. They got rid of all the assets that were not part of their core business. They reduced and streamline their inventory and improved their customer service. They closed stores that were not performing well. As a result the stock has been climbing steadily in the last year and a half. Traffic at the stores is increasing. Get in HD right now before it hits $40.

Member Avatar JKilborn (< 20) Submitted: 9/12/2014 3:14:48 PM
Recs: 0

their, we all make mistakes.

Featured Broker Partners


Advertisement