The Mooresville, N.C.-based home-improvement retailer recently announced an additional $3 billion dollar stock buyback which takes its buyback program to almost $3.8 billion. The company has repurchased $4.2 billion of its shares since 2004. Earlier in the week, the company announced Q1 results that came in below expectations mainly due to weak housing and poor weather. However, CEO Robert Niblock said Friday that the company maintains its financial outlook for 2007. The key of course is that housing stabilizes by the end of 2007. On top of the buyback program, the company also recently increased its dividend by 60%. These are both positives when looking at acquiring the stock not to mention that one would have to believe much of the housing market softness has been priced into the stock. So we have a buyback, an increased dividend, a reaffirmed 2007 outlook with 2 well known investors in the stock. This is a stock worth considering.

A Director of the company has recently purchased 40,000 shares or $1,943,671 worth of stock. Unitrin, Inc., through its subsidiaries, provides property and casualty insurance, life and health insurance, and consumer finance services to the individuals, families, and small businesses in the United States. The stock trades for an 11 forward PE.

A Director of the company has recently purchased 21,700 shares or $1,002,098 worth of stock. The Dow Chemical Company, through its subsidiaries, engages in the manufacture and sale of chemicals, plastic materials, agricultural, and other specialized products and services in United States and internationally. The company trades for 6x cash flow.

Clorox recently announced an $750 million dollar buyback. Household cleaning products maker Clorox Co. said last week that it will look to expand its market share internationally in fiscal 2008, and may sell any businesses with less than double-digit annual profit growth potential. The company trades for 10x cash flow.

CA Inc. recently announced a $500 million dollar buyback. Shares of CA Inc., maker of information technology management software, plummeted recently after the company projected full-year earnings that fell short of Wall Street estimates. The company trades at 14x cash flow

Qualcomm announced a $3 billion dollar buyback which replaces its prior plan. Qualcomm handily beat fiscal second-quarter targets and raised full-year guidance in late April. The stock trades for a 20x forward PE.

DTE Energy announced an $850 million dollar buyback which adds to its prior plan. DTE Energy Co. recently said first-quarter earnings slipped 2 percent as a temporary decline in rates at electric utility Detroit Edison outweighed higher results at the company's gas utility business. The company did also recently say it would make $1.3-1.6 bln from the sale of Antrim Shale to Atlas Energy. The company trades at 9x cash flow.

Marvel Entertainment announced a $200 million dollar buyback. Marvel Entertainment Inc., a licensing, publishing, toy making and film production company, reduced its first-quarter earnings per share results just last week because of a mistake to the reported weighted average number of diluted shares outstanding. The company trades at 11x cash flow.