Trades at a lower multiple than HD. Increased operating margins from 11% to 16%, pro business is expanding. Applying HD playbook very successfully.
He just sold Home Depot and holds a small position in this. The difference is that Lowes is growing its professionals segment, which is up 10% the past quarter.
It reports Wednesday, and the street is bearish. But he likes LOW, because it's already declined from Home Depot's last quarter and he expects the CEO is tell a positive forecast.
Lowes Companies Inc. is a American stock, trading under the symbol LOW-N on the New York Stock Exchange (LOW). It is usually referred to as NYSE:LOW or LOW-N
In the last year, 12 stock analysts published opinions about LOW-N. 10 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Lowes Companies Inc..
Lowes Companies Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Lowes Companies Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
12 stock analysts on Stockchase covered Lowes Companies Inc. In the last year. It is a trending stock that is worth watching.
On 2023-06-01, Lowes Companies Inc. (LOW-N) stock closed at a price of $203.92.
Excellent company.
Will continue to hold.
Expects demand for building products to increase as economy recovers.
Strong management team with good long term prospects.