GBA Presents: RADIO SAVANT-!

Stoney...

I'm gonna make a bold call on a stock, but it may take a bit.

Home Depot here at $281

Existing home sales have fallen off a cliff. And they'll continue to stay down.
But the consumer is still strong, that's why the Fed is being so aggressive.
Well, if people are staying put, they spend on their nests.

Of all the retail stocks, I think Lowes and HD are the best. HD has been beat down more than Lowes.
I'll make a few calls and get some channel checks as to how busy they are, but for now we're gonna give HD a VZ upgrade at $281 with a December post earnings target of $320




It's down freakin $10 :mad:

...But Home Depot preferred to Lowe’s on 'productivity gap', Pro exposure - Cowen

Oct. 19, 2022 12:05 PM ETThe Home Depot, Inc. (HD), LOW
image_1353677842.jpg



In new initiations of home improvement leaders Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW) on Wednesday, Cowen voiced clear preference for the former.

The firm’s analysts indicated that Home Depot is in solid position to improve EBIT margins
 
Tractor Supply TSCO Over HD?

Tractor Supply, a rural retailer, has an outstanding earnings surprise track record. It has beat 10 quarters in a row, including through the entire coronavirus pandemic period. It’s last miss was just before the U.S. shutdown, in early 2020.

Like many stocks, Tractor Supply shares are down in 2022, but only by 15%, outperforming the S&P 500.

Tractor Supply isn’t cheap, with a forward P/E of 20.7. It also pays a dividend, now yielding 1.9%.
 
It's down freakin $10 :mad:

...But Home Depot preferred to Lowe’s on 'productivity gap', Pro exposure - Cowen

Oct. 19, 2022 12:05 PM ETThe Home Depot, Inc. (HD), LOW
image_1353677842.jpg



In new initiations of home improvement leaders Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW) on Wednesday, Cowen voiced clear preference for the former.

The firm’s analysts indicated that Home Depot is in solid position to improve EBIT margins
Down $7 on a $274 stock... 2.4% ... bfd.
I want to add at $265 before earnings. Let it drop some more.
 
Tesla is gonna smoke earnings and bring the whole market up Stoney!

Why do you think Elon went ahead and said he'll buy TWTR?

>>>BECAUSE HE KNOWS HIS STOCK IS GONNA JUMP 20%<<<

THE VZ RALLY STARTS TODAY AFTER THE BELL.:sneaky:
 
Back
Top