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Home Depot, Inc. (the) (HD) [hlAlert]

Rating:
Neutral HD

Home Depot, Inc. (HD) rated Neutral by Cowen & Co

Posted on: Monday,  Sep 15, 2008  9:25 AM ET by Cowen & Co

Home Depot (HD)
rated Neutral by Cowen & Co.

The Home Depot, Inc.is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement and lawn and garden products, and provide a number of services. The Home Depot stores average approximately 105,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. During the fiscal year ended February 1, 2009 (fiscal 2008), the Company had 2,233 The Home Depot stores located throughout the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam, Canada, China and Mexico. On January 26, 2009, the Company announced the closing of its EXPO, THD Design Center and Yardbirds stores.

Cowen and Company’s culture is rooted in the traditions of the research boutiques that once dominated the investment research landscape. Our primary focus is on two products: 1. Proprietary information flow, and 2. Good investment ideas We achieve the first objective with a combination of extensive primary research work, organized survey activity, and access to industry experts (i.e., opinion leaders in medicine, technology, and consumer industries). We believe that the best investment idea is a “Correct Non-Consensus Conclusion,” and a considerable amount of our energy is devoted to this pursuit. We spend as little time as possible on traditional maintenance research products.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/15/2008 9:25 AM Hold
None
27.60
as of 12/24/2008
1 Week up  0.80 %
1 Month up  14.64 %
3 Months up  21.13 %
1 YTD down  -4.67 %

(*) Stock Price at the time of the recommendation.
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