The Home Depot, Inc. (NYSE:HD)
A mecca for the do-it-yourselfer, Home Depot is the world’s largest home-improvement retailer.
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It is a good time to do remodeling with interest rates as they are. also as the housing market starts to correct, Home Depot will begin to take off again.
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Everyone needs a remodel.
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All the "staycations" people have to do something while we sit at home!
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One of many 'value meals' in Buffett's buffet.
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Chosen to be a part of the High Yield Portfolio strategy. Originally created by Fool UK's Stephen Bland (TMFPyad) in November 2000, the High-Yield Portfolio (HYP) strategy invests in a diversified group of 15 blue chip dividend-paying stocks with strong dividend cover, relatively low debt, and a history of increasing dividend payouts. The holding period is theoretically forever -- unless a stock is bought out or cuts its dividend.
Sound crazy? Well, the point of the portfolio is not necessarily for capital gains (although that's certainly a bonus), but to produce increasing amounts of annual dividend income. Daily price fluctuations matter not -- it's the income that matters -- so it removes emotional trading from the picture entirely. Doubters should note that the original UK HYP from November 2000 returned 68% through December 2007 (while the FTSE 100 lost 8%). What's more, the portfolio income payout increased 29% over that seven year period, from 3,451 pounds to 4,462 pounds per year.
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I keep it for a little longer
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Beaten down by the current market malaise, but will recover well based on international growth and the end of the recession.
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Housing market...scissorissly
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Hopefully, we have reached a bottom here. If company management can do their job, there should be improvement in stock price.
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This is a good stock after taking a large correction. It is now fairly priced and represents good growth potential after the recession ends and people begin to work on their homes again.
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Double digit in 2010
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Slow economy, housing cruch = bad things for Home Depot. But unless this "little" crisis lasts forever, HD will be back baby.
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Sell an assortment of building materials, home improvement, and lawn and garden products, which are sold to do-it-yourself (D-I-Y) customers, do-it-for-me (D-I-F-M) customers, home improvement contractors, trades people and building maintenance professionals. In addition, the Company operates EXPO Design Center stores (EXPO), which offer products and services primarily related to design and renovation projects.
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Housing confidence is low at this time, but it will come back. Home Depot is off 50% from 2 years ago, but it will come back when housing confidence returns.
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The drop off in homebuilding/home improvement will hurt HD for the foreseeable future.
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Home prices are low. Buy and fix is bound to shed huge business for HD and LOW as well.
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New 52 week low. Play on eventual housing and consumer recovery. Double down on losing position.
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Little competition.
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