Lowe’s wants to build something together … or for you, if you prefer. The home-improvement retailer has offerings for contractors, do-it-yourselfers, and do-it-for-me types.
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It is only a matter of time until the housing market turns around again. I have seen more Ace Hardware and "Mom & Pop" hardware stores go out of business in my area than I can shake a stick at. Sooner or later all of the mortgagee repos will get bought and need to be fixed up by the buyer. That just seems inevitable. Right now the home improvement business is morphing into a duopoly and for my money, it might as well be a monopoly. There is no comparing the shopping "experience" at Lowes to a Home Depot. It just seems more appealing to the average Do-It-Yourselfer. I personally drive right past a HD to get to Lowes and I am probably not the only one. I have always heard to invest where you shop and this stock definately fits that bill.