What Did You Buy Today?

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(05-22-2019, 08:34 PM)fenders53 Wrote: It's all the high end door and windows sales I've been poaching from my HD millwork desk every week. OK, maybe not lol. I didn't actually think LOW earnings were out of line. Same store comps were fine. Their 2019 earnings projections were a surprise though. You can't just cut 8 or 10% when HD isn't. They are either planning to invest considerably right now, or they sandbagged to be safe. LOW is gonna be a buy after the brokerage downgrades come in soon. Don't forget LOW CEO was a rock star at HD not so long ago. IMO he'll right the ship soon if the economy cooperates.

I have a itchy finger at the moment to buy LOW but literally every homeowner or contractor I know goes to HD. I shouldn't be judging a business based on behavior from a small group of users concentrated in a single area but like someone mentioned above HD have been kicking LOW in this segment.

I also believe they both will suffer a bit going forward, RE markets are starting to show signs of fatigue.