seeing that the lowes stock followed the Pre-RE boom and filling the empty RE houses the over all building plies, but the bulk building materials will not have the profits like they once did. I am not talking sales of lawn care & suplYes you could buy in for the holiday season as purchases may bump up but have an outlook to decline to the pre-RE boom.
It might be good to get on this once they get close to the pre-RE boom, then if demand for new homes to be built goes up, but I don't think that demand will be as great as it once was.
However once the RE sector is fixed and the demand for ne homes to be built, that will be a good time to get back in, yet I dont think we will see record profits but a long term gain over a long period once the new home and banks are back on track.
Lets see what 2009 1Q trends, then make a choice to get back on the bulk building material supplies.
$24.01 (07/24/08)
