Stephen Chick
Stephen Chick
concern existing home sales softness
Existing home sales have slowed. Softness here is a forward-looking concern to be monitored.
headed home
We think Home Depot is headed for a stall.
existing figures followed home sales seen starting weak
We've seen some existing home sales figures starting to look weak or negative. That's usually followed by a slowdown in sales at Home Depot or Lowe's after a six- to nine-month lag.
appears benefits cycle gaining generic medicare potential share transition weaker
Walgreen appears to be gaining share from weaker chains, while 2006 should see benefits from the higher-profit generic transition cycle and potential Medicare traffic.
although appear believe cards current potential reasonably stock
Although a potential transaction does not appear to be in the cards anymore, at current valuations, we believe the stock is reasonably valued.