Home Improvement Industry Stocks +8%

[Monday, March 04, 2013]  The Hard Fax Composite of home improvement industry stocks gained 19 points in the latest week of trading, ending at 1506, and is currently up eight percent on the year. The Dow Jones Industrial Average gained 89 points for the week, ending at 14090, or plus eight percent on the year.

Last week the market basket of 27 industry-related stocks had 19 winners versus eight losers. For the year, 24 stocks are up or even and only three are down.

The industry’s two leading retailers, Home Depot and Lowe’s, are both performing very well on the market. Home Depot is up 12% on the year while Lowe’s is up 8%. Outperforming them both, however, is farm and ranch retailer Tractor Supply Company. TSCO is up 17% year-to-date at 103.90.

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