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Lowe's Stock: Buy, Sell, or Hold?
LOWLowe's(LOW) The Motley Fool·2024-03-03 09:55

Lowe's (LOW 1.67%) appeals to the do-it-yourself spirit of some American homeowners. However, when the housing market is under pressure, renovation projects may be shelved -- and that's problematic for Lowe's.This explains why Lowe's, although not directly considered a real estate company, is highly sensitive to interest rate policy. So, when the future path of mortgage rates is unclear and homeowners are reluctant to sell their homes, Lowe's takes on the traits of a fixer-upper that might be off-putting to ...