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Home Depot Has 10% More To Rise, Will Outperform Lowe's
Long Investing Ideas from Seeking Alpha
Thu, 9 Feb 2012
By Takeover Analyst : Since I first presented my bullish article on Home Depot ( HD ), the stock has soared by 25.9% - more or less in-line with the return from Lowe's ( LOW ). Although much of the value gap has since been closed, I continue to expect the firm to outperform its competitor. This is ...
Morningstar's Erik Kobayashi-Solomon and Peter Wahlstrom discuss downside concerns for Lowe's , including fewer new-store openings and the possibility for a continued lackluster housing market.
HomeDepot's strong financial position and improving fundamentals are being overlooked by the market, leaving the firm's bonds undervalued, says Morningstar's Joscelyn MacKay.