Give Home Depot a Long Look
The market's pulling down Home Depot (HD) and it might just very well be an opportunity. You have to go listen to this conference call to realize that Home Depot is firing on only a few cylinders. There's no housing recovery. Homes aren't selling and they aren't being built in any big numbers. You have very little incentive to fix your home up.
At the same time there is rampant inflation in the system and many companies have had a really hard time passing on costs. Home Depot, though, has been able to beat up on suppliers, take share from those other retailers in the segment and get its supply chain costs so low that it can make much more money despite much lower sales....81 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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