HD Supply fka HDS (HD)

[TFMG]

$HDS Earnings may provide a great entry into HD Supply

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.