Serious Money: Pondering: Home Depot, Tiffany & Wells Fargo
I’m certain the downtrodden stock market has brought sadness to many society. As someone looking lengthy term I am trying to put the current market into perspective. ‘My pal Warren’ always says that truly astute investors should actually be happy when the market is down considering they are able to buy things on sale. I agree, so what to buy?
Three of stocks I have been following fall into very different arenas. One is being severely affected by the housing market and familiar to the average consumer. The moment might be a familiar name but not a daily haunt by the average consumer. The third falls into the middle ground and is a solid company and favored by Warren Buffett
It’s been a while since I wrote about The Home Depot, Inc. (NYSE: HD). My optimism final year about the company proved misguided as the stock tread water most of the year and soon after took a dive as earnings reports deteriorated. When I originally commented on HD 14 months ago it was trading at $39.73, finishing the year at $26.27 for a loss of 33.88%. It started with a 2.31% yield .
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Original post by Sheldon Liber
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