Jay Nguyen's Contributor Page
Company: Home Depot Inc (NYSE:HD)
Last Updated: February 23, 2020 (Prior to the fiscal 4Q2019 earnings release on February 25, 2020).
View: Bullish
Model description: In my opinion, the Home Depot’s key value drivers which are used to forecast its earnings model are how Home Depot and the whole retail sector has done in this holiday shopping season, how the prices of lumber and copper behave this 4th quarter, and how the intensity of the trade war between China and the U.S affects the tariffs. At the beginning of 2019, Home Depot strategically invested in improving the customer experience by unifying online and offline operations...click here to continue reading
Last Updated: February 23, 2020 (Prior to the fiscal 4Q2019 earnings release on February 25, 2020).
View: Bullish
Model description: In my opinion, the Home Depot’s key value drivers which are used to forecast its earnings model are how Home Depot and the whole retail sector has done in this holiday shopping season, how the prices of lumber and copper behave this 4th quarter, and how the intensity of the trade war between China and the U.S affects the tariffs. At the beginning of 2019, Home Depot strategically invested in improving the customer experience by unifying online and offline operations...click here to continue reading
| Home Depot Earnings Model (Jay Nguyen).xlsx |
I spent 4 years of college life in Boston University, majoring in economics. Nonetheless, during this time, I thought i would not want to be an economist because I always wondered how to evaluate businesses and how they work. I once found out about a really cool restaurant concept called Bonchon in Boston and fascinated bringing this concept back in my hometown. This was a turning point of my life because I became really serious about the opportunity and decided to be back in Vietnam right after college. After a year of preparation and research, I successfully obtained the franchise rights from the Bonchon franchisor in South Korea. However, the project did not work out eventually because I had serious conflict regarding future visions with my co-investors. Then I became extremely uncertain about my future. However, I recalled my interest in finance when building financial forecast for the business plan. So I decided to pursuit finance as my future career. I started off by going through several roles at some financial service firms in Vietnam. I got familiar with the capital market and had chances to advise clients when i took my first job as a stock broker. Later on, I took a more technical role, learned a great deal about company research, financial modeling and writing reports when I was an equity research analyst. During this time, I started getting interested in investment banking and also pursuit the CFA designation to strengthen my technical skill because I did not study finance in college. A year ago, I decided to be back in the U.S because I strongly believed that this is the ideal place for me to learn and grow myself and my career. So I got back to Boston in March, passed the CFA level II in June and got a remote internship at a search fund in New York City late October. I mainly advise and support the Searcher to acquire and operate a company that suits her investment criteria. During my free time, I enjoy reading books, traveling, and watching sports.
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.
Disclosure: The author of this article/model has no financial investment or other conflict of interest related to the subject company or other companies discussed. Any views made or implied in the content represent the author’s opinions.