Today’s chart highlights the long-term uptrend of two “fixer upper” stocks…
DailyWealth readers know we like to check in on many sectors to see what’s happening in the U.S. economy. Recently, we noted positive shows of strength coming from both the shipping industry and America’s top financial firms. Now, we’re revisiting two major players in the homebuilding sector…
Together, these companies cater to “do it yourself” types by providing a one-stop shop for tools, accessories, and homebuilding supplies.
When fixer-upper stocks are doing well, it’s a sign folks are eager to splurge on renovations.
In the latest quarter, both companies beat analysts’ earnings expectations… with Home Depot delivering blockbuster sales growth.
As you can see below, these stocks have been in near-identical uptrends.
HD and LOW each soared more than 60% over the past two years, and both recently hit new multiyear highs. It’s another sign the U.S. economy is going strong…
How in the World Did the CEO of a $3 Stock Do This??
He made a $450 million deal with Nokia... a $395 million deal with Microsoft... an $828 million deal with Cisco... and a $29.26 BILLION deal with Apple. How did the CEO of a stock trading for just $3 do it? And just how high will the stock go as a result? The incredible story here.
Source: Daily Wealth’s Market Notes