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Non-Tech : Home Depot (HD)
HD 373.81-2.4%Nov 5 3:59 PM EST
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To: Keith Fauci who started this subject8/22/2002 12:41:10 PM
From: Prince  Read Replies (1) of 1169
 
Isn't new home buying and refinancing bullish for companies like HD and LOW?

I worked for a home improvement services company a couple years ago, and one of our big target markets were new home buyers and people who refinanced.

I'm pretty sure that home owners do most of their home purchases (upgrades) the first few years after buying and refinancing.

And, I've talked with people who are not moving up to bigger houses in this uncertain economy, but fixing up what they have.

So my thinking is that with the low interest rates, it's bullish sign for HD or LOW the next couple years.

Thoughts?
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