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6 pts

Opinion on  Lowe's Companies Inc. (LOW)     Sector: Services  >  Industry: Retail (Home Improvement)
Lowe's Rebound?

Feb 21, 2009 12:24 AM GMT
Return Risk
+35.36% LOW
Analyst

Favorable/Unfavorable Valuation  

With Lowe's price falling below $16, it seems the only way to go is back up, eventually. With homeowners putting off renovations in favor of paying their mortgages, consumers have not been knocking down the doors of the home improvement chain. But with optimism from the stimulus package being passed and hopefully a bottom to the housing market in sight, reinvigorated stocks may be on the rise again. The only question is how long it may take.


LOW:  This call was made on 02/21/09 @ $16.08
Rating:   Positive   $16.08 (02/21/09)
Gain/Loss:   +24.81% in 261 days
Allocation:   19.4% of portfolio


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wyldefyre2002 previously rated LOW
Positive +0.00% Bullish on LOW ...
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