HDS - HD Supply Holdings: Growth Will Pick Up After A Lag
HDS Can See Slow Growth Before The Upside
HD Supply Holdings (HDS) distributes industrial distributors to contractors, home builders, industrial businesses, maintenance professionals, and government entities in North America. I expect HDS’s stock price to show limited appreciation in the short-term due to the current uncertainty in the economy, but it should strengthen in 2020 when the economic drivers get stronger.
Large multifamily complexes, infrastructure projects, and mixed-use developments can keep the company’s business rolling in 2019. However, slow growth in the industry and the housing end-markets is likely to mute the growth