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Home Depot, Lowe's to benefit from housing recovery

from Investopedia

Retailers may be bracing for some purse-tightening on the part of their customers, but home-improvement-store operators Home Depot and Lowes Companies are expected to be the exception to the rule. As the housing-construction market continues its uneven recovery, owners of existing homes increasingly are making improvements, which bodes well for the two retailers that sell everything from lumber to flowers through their stores across the country. more

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