2006-10-01 11:34:31 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
Well with the housing slowdown and pending economic slowdown, HD isn't looking too good right now. However, HD has recently been looking into expanding into other businesses. In fact, their current CEO is from GE (who was one of the main candidates to take Jack Welsh's spot as CEO a few years ago). He is looking to the GE model to create the same amount of value in HD as was created in GE. So far, they've made small steps towards that ultimate goal. If you believe that they'll be successful in that growth strategy, it might be an interesting play for the long-term (3-5+ years out). But for the intermediate term (1-2 years), it really depends how your outlook on the economy is and how severe you think the housing downturn will be.
2006-10-01 13:40:47 · answer #1 · answered by Anonymous · 0⤊ 0⤋
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2006-10-01 21:08:56 · answer #2 · answered by stock_trade_expert 3 · 0⤊ 0⤋
for a long term investment...probably both home depot and lowes
buy either on weakness..but, I stress...long term...
if the housing sector really tanks....wait a bit, until the dust settles and you should be able to pick up either "on sale"
oil might be relatively cheaper now...research PEO for a long term oil play
2006-10-01 23:17:49 · answer #3 · answered by Gemelli2 5 · 0⤊ 0⤋