Industry Backdrop Still Mixed, But Reasons Exist to Be a Home Depot Bull

DIY modelers and general contractors in 2010 are preaching one theme; and that is to upgrade conservatively to one’s fixed investment. However, based on 3Q earnings calls and investor presentations, Home Depot and Lowe’s are forecasting bullish internal opportunities for a percentage earnings growth in the double digits. These opportunities revolve around several factors including customer service, improved merchandising and the utilization of technology to help streamline operating functions…Read More