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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: FHM who wrote (10632)7/11/2005 12:42:32 PM
From: Crossy  Read Replies (2) of 37387
 
re: Amex: HOM (Home Solutions of America) $1.46

I really like this company and established a position. Patentlawmeister is right, they benefit from abnormal weather patterns such as hurricanes..

Almst all of their business is in n the south.. I think their business model is a smallcap version of BILLION DOLLAR company "Servicemaster" (SVM). And all of HOM's activities are related to "housing" in some way. Yet, nobody would find it when browsing GSIC industry codes because their industry is tagged as "Business services" - which makes it another "stealth play", these are the ones I like best !

Their recent acquisition of Cornerstone will allow for growth of more than 50% year over year by 2005 exit IMHO.. To finance the Cornerstone deal they issued a convertible, but it's a harmless one, with a conversion price in the mid $1.30 area and not a floorless..

great pick for sure, you can expect me doing a write-up on it..
CROSSY
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