Lowe's: Critical Valuation Assessment Going Into Q2 Earnings

Klaus Vedfelt Introduction It's been quite a while since I last covered Lowe's Companies, Inc. (NYSE:LOW), the second-largest home improvement retailer in the U.S. (and globally), behind The Home Depot, Inc. (HD). I compared the two retailers for the first time in early 2023 and highlighted four key implications of interest rates on the U.S. home improvement industry in May 2023. My last article on Lowe's was published last November, when I still rated LOW stock a solid buy. Since then, the stock has return ...