Diamonds and Dogs
Krogers (KR) gets a thumbs up from Warren Buffett. The grocery is up 4% in a down market as the 13F filings came out and Berkshire Hathaway increased their stake by 21% or $2.8 billion. Its always good to have Warren Buffett on your side.
Home Depot (HD) is taking a hit down 4% following earnings, weak retail sales and a sharp drop in homebuilder confidence. The good news is Home Depot's quarter didn't imply any major drop-off for the home-improvement sector, as a strong housing market and backlog of projects remain tailwinds.
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