$HDS Earnings may provide a great entry into HD Supply
107
The company has a great track record and had rewarded investors long term, while also maintaining a good financial structure. Recent market weakness had resulted in a sell off which weakened they indicators, but the Momentum indicator which is a leading indicator is positive. Weakness in the economy has also added pressure on the FED to cut rates, which would be a great help to this sector. Much will depend on the earnings call tomorrow, hopefully the pessimism off others is not carried through by HDS
RECENT UPGRADE TO $53
AVERAGE ANALYSTS PRICE TARGET $48.27 AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
COMPANY PROFILE HD Supply Holdings, Inc. engages as an industrial distributors in North America. It operates through the following segments: Facilities Maintenance, Construction & Industrial and Corporate & Elimination. The Facilities Maintenance segment distributes MRO products, provides value-added services and fabricates custom products. The Construction & Industrial segment specializes in the distribution of hardware, tools, engineered materials and safety products to non-residential and residential contractors. The Corporate & Elimination segment includes costs related to centralized support functions, which are comprised of finance, information technology, human resources, legal, supply chain and other support services, and removes inter-segment transactions. The company is headquartered in Atlanta, GA.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.