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I bought 10k of FND Stock today

Posted on 1/28/25 at 3:32 pm
Posted by FIREAWAY
Member since Jul 2022
546 posts
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


Posted by ODP
Conroe
Member since Oct 2015
2063 posts
Posted on 1/28/25 at 5:19 pm to
What does the price of other stocks have to do with anything?
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
84188 posts
Posted on 1/28/25 at 7:18 pm to
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.
Posted by PetroAg
Member since Jun 2013
1971 posts
Posted on 9/25/26 at 8:33 am to
I hope you sold. FND, LOW and HD are looking pretty attractive now after the huge pullbacks.
Posted by Fat Bastard
alter hunter
Member since Mar 2009
96047 posts
Posted on 9/25/26 at 9:21 am to
Posted by FLObserver
Jacksonville
Member since Nov 2005
16569 posts
Posted on 9/25/26 at 7:12 pm to
nibbling on HD under 300 . Hope OP sold FND.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5976 posts
Posted on 9/25/26 at 9:02 pm to
quote:

nibbling on HD under 300


Good luck. I started buying after the Palisades fire and it has been a downward slope ever since. I was so certain it bottomed, I even added shares to my UGMA account when it hit $330 a few months ago.

If you told me two years ago the only red in my portfolio today would be HD and NFLX I would’ve thought you were crazy, yet here we are.
Posted by FLObserver
Jacksonville
Member since Nov 2005
16569 posts
Posted on 9/26/26 at 3:16 am to
Think anything consumer specific currently is under pressure. Food, housing etc... I did say nibbling. To your point most of my stocks under this category are down as well. Hadnt purchased any other shares of HD since 2023 when i got them at 290 so adding slowly to that position as this drops in my buy range.
This post was edited on 9/26/26 at 3:23 am
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