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What Stock Has Not Had One Down Week in 2012?

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.

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog


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