We admire Home Depot's solid execution and productivity. We continue to have a more positive view on the macroeconomic environment over the next six to 12 months. |
We are accustomed to seeing troubled companies pruning their staff and letting people go, but Best Buy is really hitting on all cylinders. |
We believe that, with current sales trends still weak, the company's holiday selling season could very well be hampered, |
We remain very positive on the home improvement sector and Home Depot's prospects, particularly given current valuation levels. Home Depot shares are currently trading in line with the five-year historic low forward price-to-earnings ratio, based on consensus estimates. |
While we believe Home Depot is one of the finest names in retailing, we continue to reiterate our cautious outlook on the shares, given the company's vulnerability to a potential slowdown in the housing environment, |
While we believe Home Depot is one of the finest names in retailing, we continue to reiterate our cautious outlook on the shares, given the company's vulnerability to a potential slowdown in the housing environment. |
While we were impressed with the long-term initiatives to drive top-line sales and control costs, we sensed a more conservative outlook from management. As such, we take a more cautious view to reflect the broad-based consumer slowdown that has impacted retailers as a whole, |
While we were impressed with the long-term initiatives to drive top-line sales and control costs, we sensed a more conservative outlook from management. As such, we take a more cautious view to reflect the broad-based consumer slowdown that has impacted retailers as a whole. |
With gas prices already nearing the post-summer peak from last year, there is real concern that gas prices will be significantly higher than what we saw last year. |