Better Buy: Home Depot vs. Lowe's
Thanks to a pair of mid-November earnings reports, investors have a clear picture into the latest operating trends from Home Depot (NYSE: HD) and Lowe's Companies (NYSE: LOW). While the home-improvement giants are under pressure from inflation and a cooling housing market, both retailers showed solid sales and profitability trends through late October. Plus, neither company lowered its 2022 outlook.
With that big picture in mind, let's take a look at the two businesses to see which one looks like the better stock buy right now.
Home Depot continued to demonstrate its market-leading position in all the critical operating metrics. Comparable-store sales rose 5% in the core U.S. market compared to Lowe's 3% uptick.
Source Fool.com
