1 Reason to Watch Lowe's Stock in 2025
Lowe's Companies (NYSE: LOW) has been a staple in the stock market for a while, especially for investors interested in dividends. It has increased its annual dividend for 53 consecutive years, joining the exclusive Dividend Kings club (the name given to companies with at least 50 years of consecutive dividend increases).
Unfortunately, through Aug. 1, Lowe's stock is down over 8% year to date, and down over 5% in the past 12 months. The S 500, which serves as the stock market's main benchmark, is up over 6% and 20% in those timeframes, respectively.
Despite Lowe's lagging stock over the past year, there's one key reason to watch it through the rest of 2025: high interest rates. High rates affect things like credit cards, personal loans, auto loans, and, most notably in Lowe's case, mortgages. At the time of this writing, the average 30-year fixed mortgage rate is 6.72%, well above its 4.81% average over the past 20 years.
Source Fool.com
