Should I Buy Lowe's Stock?
To some investors, Lowe's Companies (NYSE: LOW) stock can look like a desirable holding. Despite its challenges, it is the second-largest home improvement retailer, behind rival Home Depot, and many perceive it as one of the safer stock holdings.
Since the demand for construction, repairs, and remodeling supplies never goes away, it has a likely path for permanent growth as long as it continues meeting customer needs. But will that produce enough growth to keep an investor in that stock? Let's take a closer look.
Investors should first understand that Lowe's is a value stock. Its 1,747 stores across all 50 U.S. states come close to saturating the market. Since it has closed or sold all its locations outside of the U.S., store expansion will likely proceed at a slow pace.
Source Fool.com
Comments
The comment is under review
