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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (23962)5/19/2006 2:01:43 PM
From: E_K_S  Read Replies (1) | Respond to of 78745
 
Hi Paul Senior - I nibbled at a few shares of Home Depot. Their PE is low at 13. Management has positioned the company quite well to become more efficient with several of their recent company purchases. Their same store "retail" sales may not grow as fast in the past but I believe many of their service businesses will make up the difference.

I recently had Home Depot install a new furnace, filtration and air condition system in my home. The install was out sourced to a small local company and the job was done very professionally at a very competitive price (HD was the low bidder on the three quotes I obtained).

I will add more shares on any further sell off.

Are their any other home improvement companies on your value list? Much of the current housing stock is aging and will need to be remodeled or upgraded soon. My old furnace (22 years old) still worked but was inefficient. I believe in preventive maintenance.

EKS