Home Depot (HD)

Housing is slowing, but the U.S. consumer remains strong. He sees 20% EPS growth. It's had a nice pullback, but is still expensive. It'll likely rally when the market does, but it's too rich for him/

He loves to love this company. They hang in through any cycle. They have to make sure they get the professional market right and wonders if Amazon may be making it tougher. The valuation is still in line with 10 year historical. He would continue to own it.

He likes this company as it has a great brand and, technically, the chart is great. Its main attribute is the location of its retail outlets in key markets, close to end buyers. A good stock to buy on weakness. He would be a buyer below $200.

Despire rising interest rates, housing starts are still growing in America where the consumer is still strong. He likes HD. A core holding. Pays a 2% dividend. They're in a transition period as they sell direct to consumers and job sites and investing in that. Also investing in faster check-outs. They will come out of this stronger.

(A top pick June 29/18, up 4%). They had an excellent quarter. Their tax bill is so much lower because of the US tax reform. They should have a fabulous earnings year. Looks great over the long haul.

He holds this and is positive on it and sees it at key support near $195. He would add to a position, but wants to see it trade above $200 soon. He will add above $204. Fundamentally, it is a dividend grower and is a strong competitor in the space.

(A top pick August 16/17, up 33%) She continues to hold it. This is a play on the US economy and housing market, household formation and the labour market. If economy stays strong, a lot of home improvements are ongoing.

(Past Top Pick, August 24, 2017, Up 39%) A demographic play even though U.S. starts are slower than expected. But they should pick up. He expects Millennials to use Home Depot in the coming decade as they buy homes.