Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
A month ago, there were a few candidates for this question, but the shakeout of the past 3-4 weeks has punctured those companies. However, one company has made a slow and steady ascent each and every week of 2012, and I’m not talking about some no name, illiquid small cap. None other than Home Depot (HD) has been bullet proof thus far this year. Not an exciting name but in the ‘remodel/rehab’ thesis (which I am a believer of much more than any form of housing boom coming around the corner), this has become a go to name.
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