$62 billion in damages from Hurricane Sandy.... Some of that $$$ has to go to HD...
I bought this stock just before the Hurricane hit... I lived on the NJ shore and resently moved but considering the size of the last few storms and the predictions on this one --- seemed like a sure bet...Besides no matter what the climate change deniers are telling each other --- in my 35 yrs in my old house I saw the 50 yr storm, the 100 yr storm and now the 200 yr storm hit... LOL... and that was in a space of just 35 yrs...
And forget about new construction ---- 75% of the housing market is re-sale ... and the tradesmen and remodelers always make a living after these things.....
So I`ve watched the initial price I bought at go down and now up....guess that was the quick money... now I`m expecting a sustained rise... and even if we get hit with a recession later this year and next --- that government money for the storm damage --- and I would expect other storms too-- tornadoes, etc.... will add to HD bottom line.
Well last year in december this stock wasnt worth 63 or even 60 now ur saying the storm money will make this stock worth it...well any builder will have a store he will use... home depot is for the do it your self weekend person im sorry but i dont see this going up for u good luck
Well Phil would you feel better if a foreign company came in and supplied all the materials needed to help out these people,insurance companies,carpenters,plumbers,electricians etc helping to rebuild??..
China is experiencing unusual chills this winter with its national average temperature hitting the lowest in 28 years, and snow and ice have closed highways, canceled flights, stranded tourists and knocked out power in several provinces.
China Meteorological Administration on Friday said the national average was -3.8 degrees Celsius (25 degrees Fahrenheit) since late November, the coldest in nearly three decades.
The average temperature in northeast China dipped to -15.3 degrees C (4.5 degrees F), the coldest in 43 years, and dropped to a 42-year low of -7.4 degrees C (18.7 degrees F) in northern China.
In some areas — northeastern China, eastern Inner Mongolia, and north part of far-western Xinjiang province — the low has hit -40 degrees C (-40 degrees F), the administration said.
The state-run, English-language China Daily reported Friday that about 1,000 ships were stuck in ice in Laizhou Bay in eastern China's Bohai Sea.
The meteorological administration said Saturday that ice had covered 27,000 square meters (10,500 square miles) of the sea surface by Thursday, the most expansive since 2008 when authorities began to collect such data. The administration expects the ice to continue to grow.