today good to buy or sell? | HD Message Board Posts


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Msg  398 of 403  at  5/3/2022 4:31:30 PM  by

PinewoodsBear


 In response to msg 397 by  moveuplots
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Re: today good to buy or sell?

The situation is this: The stay at home requirements gave the time for homeowners chance to make improvements like a new bathroom or patio in the backyard. HD was getting business that help a couple of quarters ... but now those customers are going back to work... good thing they have to pay on their credit cards now.

The cost of housing has gone up and this well known via the nightly news. Certain areas have gone from boom to bust.
This could very easily improve come summer . Overall the year the HD business would be good.

HD is one of those companies that it is better to look at the horizon .. like three to five years .
So ... to buy or sell is a moot question. It is more important your own financial investments... do you have a better candidate to buy that will preform better than HD. And then there is the safety of HD vs a more risky stock seeking for a better return.

Personally I buy HD when I think it is oversold or just a good buy and when it is not I hang on to HD stock and buy other stocks that are candidates for long term profits.

Just my opinion that I also follow.

***PinewoodsBear***


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