NYSE:HD

Home Depot (HD)

348.69
+0.43 (0.12%)
as of Nov 13, 2026, 9:00:00 pm Market Closed.
442 watching
0
BUY
Has spent the housing recession retooling and getting their shop in order. Coming out of this he thinks they will be quite a force.
DON'T BUY
Good buy for the next 3-5 years? If you go that long he would say yes but he thinks there are still problems in housing. Not that cheap as a stock at about 16X earnings. Also has some problems with the quality of this company.
TOP PICK
Have done a lot to change their operations. Will probably earned $1.30 this year but on a normalized basis can earn twice that.
HOLD
US housing bubble has completely reversed and housing is getting weaker and weaker. Not only does retail have to improve, but housing has to improve. Will be dead money for a while.
HOLD
(Market Call Minute.) Lot of competition. Chart indicates it is entering into consolidation. Resistance level at around $25.
COMMENT
Had a decent bounce off the bottom in the last few weeks. This is because it is a front-end stock. People look for whatever companies will start to bounce when things start to recover.
COMMENT
If you believe, as he does, that housing is at or very close to a bottom, this will be a decent stock. He also owns Lowes (LOW-N), which he thinks is a higher quality vision for the consumer market. Consider selling this and buying Lowes
PAST TOP PICK
(A Top Pick Sept 20/07. Down 16%.) Consumer discretionary. Didn't make a lot of money off this one, but did make money off of Lowes (LOW-N). His model price is $30.66, a 5% differential. Sold his holdings.
COMMENT
This is a company that you can analyze. They are still making money despite all the problems in housing. He prefers Lowes (LOW-N) because they are the better company with better prospects. Trades at a low multiple.
DON'T BUY
Forecasting a down 24% for the balance of the year. US housing market has not bottomed yet and inventories remain very high. Consumer will be forced into a savings mode and won’t be spending. Time to Buy may be early next year.
SELL
(Market Call Minute.) A sell for as long as the US consumer remains cash strapped. Earnings were down 66% ands sales were off.
COMMENT
(Market Call Minute.) Prefers Rona (RON-T).
COMMENT
Q: Would you buy Lowe's (LOW-N) or Home Depot (HD-N)? A: Lowe’s is a much better run company and you should look to buy it at these levels.
DON'T BUY
(Market Call Minute.) Housing is going to get worse in the US.
HOLD
(Market Call Minute.) Still a little bit of downside in the stock but the housing market will turn.
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