Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Home Depot (NYSE: HD)

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Ten Threats to Walmart

Much of Walmart’s success has been based upon its ability to deliver name brands at much lower price than competitors. This is threatened because Americans are no longer buying name brands. Three of the fastest growing retailers; Aldi, Costco and Trader Joe’s, base their business model on a limited selection of low-cost but high-quality private label products.

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Is Home Depot Overvalued?

My advice to investors would be to wait until Home Depot’s share price falls to a realistic level to buy. This is a good company; but it’s a good $100 a share stock, not a $130 a share stock.

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