Newspaper wrap-up 7-25-07: Home Depot a bargain?

Posted Jul 25th 2007 9:16AM by Eric Buscemi
Filed under: Before the Bell, Newspapers, General Electric (GE), Home Depot (HD)

MAJOR PAPERS:

The Wall Street Journal reported that Dade Behring Holdings Inc. (NASDAQ: DADE), a medical diagnostics provider, may soon be sold, with Siemens (NYSE: SI) being a possible buyer.
General Electric Company (NYSE: GE) is expected to announce $1.8B in new energy orders in the Mideast, reported the Wall Street Journal.
According to Barron's Online's "Weekday Trader," Home Depot Inc. (NYSE: HD) may now be a bargain at its current valuation.
The Financial Times reported that Steven Cohen's hedge fund, SAC Capital, may sell up to 20% of itself to private minority investors.

OTHER PAPERS:

According to the New York Post, Saks Inc. (NYSE: SKS) is once again speculated to be in talks of a buyout.

Tags: dade, dade behring, DadeBehring, ge, general electric, GeneralElectric, hd, home depot, HomeDepot, sac capital, SacCapital, saks, seven cohen, SevenCohen, si, siemens, sks

Print this

Reader Comments (Page 1 of 1)

7-25-2007 @ 3:15PM

SIR said...

HOME DEPOT IS NEVER A GOOD BARGAIN. IT IS NOTHING BUT GARBAGE !!!!!!!!!!!!!!!

7-25-2007 @ 6:40PM

Ray Lanfear said...

I would concur with the above comment. Home Depot is no bargain, perhaps in the high 20's?
They cannot compete with Lowes aggressive expansion deep into their market share. i.e, Canada
West Coast, etc. Home Depot's slice of the pie keeps getting thinner and thinner, and they cannot make comp sales (existing stores) due to Lowes expansion. This expansion by Lowes into their territory will continue for at least another 10 years. Lowes is the stock to hold long term, take a look at their splits.
Ray
haveittodayray

8-01-2007 @ 11:16AM

Jerry Bluhm said...

I own Lowe's stock, none of HD, but HD's stock is a real bargain, and as soon as housing starts begin to improve you will see both companies' stock soar. People should understand a business before they comment on it. It is clear some do not.