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Non-Tech : Home Depot (HD)

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To: Bald Eagle who wrote (1138)1/3/2003 1:27:58 PM
From: Mark Marcellus   of 1170
 
I certainly wouldn't buy Lowe's as an HD hedge. In many scenarios where HD does poorly, Lowe's does poorly as well. After all, they're in the same sector. There's plenty of room in this sector for both to do well. If either of them doesn't, the reasons will be either company specific, or sector specific. Either way, it's probably not a good idea to count on there being a strong negative correlation between the two.
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