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Started By
Message
I bought 10k of FND Stock today
Posted on 1/28/25 at 3:32 pm
Posted on 1/28/25 at 3:32 pm
Just wondering what you guys think.
1. HD is at 400
2. Lowes is at 260
3. Solid management (all home depot guys)
4. Will be opening a ton of stores in the near future.
5. busy
6. California fires
7. Hurricanes
1. HD is at 400
2. Lowes is at 260
3. Solid management (all home depot guys)
4. Will be opening a ton of stores in the near future.
5. busy
6. California fires
7. Hurricanes
1
Posted on 1/28/25 at 5:19 pm to FIREAWAY
What does the price of other stocks have to do with anything?
Posted on 1/28/25 at 7:18 pm to ODP
quote:
What does the price of other stocks have to do with anything
That sector is doing well and if those stocks go up, the substitution effect and the industry halo effect will boost the price.
That said, the PE ratio is high and the stock price has been flat the past 12 months. Home Depot has enjoyed double digit growth. Lowe's has done even better than Home Depot. FND hasn't come along for the ride.
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