5 Housing Stocks for a Rebound

May 20, 2009, 12:25 pm EDT | By Jamie Dlugosch, InvestorPlace Writer

Stock #5: Black & Decker (BDK)

I’m not the handiest guy around, but home improvement projects are a necessary evil these days — the amount of money you
can save by doing them yourself is worth the effort. But you need to have the right tools. And for me, that means buying tools
that I know are of high quality. The leader in this regard is Black & Decker (BDK).

But consumers haven’t been buying much of anything during this recession, and BDK has suffered losing more than half its value
in the last year. Fortunately for BDK, more rookies like me will be shopping for tools in the very near future. I really have
no choice but to do it myself — I can’t afford not to! Such a fact should support future sales growth for many years beyond
the recovery in the housing sector.

So forget about the retailer and buy the company that makes the things being bought. I see BDK doubling in value from here in
1-2 years.

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