Nice Zandie....and look how Lowe's announcement was terrible. How can Lowes have a bad outlook and HD have a good one ?
Definitely...especially with the prospect of higher interest rates that would kill re-fi's. That's the only thing holding up HD and LOWES.
I wonder how much of a bump the top line will get from the floods in LA. I was actually going to go back and look at Sandy's effect but it was much larger. Bottom line on HD.... for the most part, there is not going to be a whole lot of new stores unless its international. So when they max out same store sales like they have, the only earnings growth will be through cost cutting via employees and tech. It'll see $227 soon enough. Probably lower. Good long term short, albeit a well run company. The dividend helps, but thats about it.