The following video is part of this week's MarketFoolery podcast in which host Chris Hill, Jason Moser, and Joe Magyer discuss the latest business news. In this segment, the guys analyze the latest earnings from Home Depot. While some on Wall Street called Home Depot's strong quarter an indication that the housing market has officially turned for the better, the guys disagree. While giving credit to Home Depot in its competition with Lowe's, the guys differ on where they will be looking when the next housing boom hits. While Jason believes retailers will benefit from a rise in the housing market, Joe looks to the banking industry, and Wells Fargo in particular, for winning investments.
Wells Fargo counts Berkshire Hathaway among its investors. Berkshire Hathaway is featured in The Motley Fool's brand-new free report "The One Remarkable Stock to Own Now." It features in-depth research about a company many are calling the NEXT Berkshire Hathaway and you can be among the first to get instant access to this just-released report simply by clicking here – it's free.