Lowe's Companies, Inc. (NYSE:LOW)
CAPS Rating:
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.
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.
Recs
I just think the price of this stock has gone lower than it deserves. Certainly the housing sector beat-down has taken its toll on Lowes, but the company has a track record of 20% growth yoy, and the stock is currently trading at a P/E of under 15. They may not have the best year ever, but when housing picks up (and it will, at some point) I think the price of Lowes will race to catch up.