Lowe's Stock: Hold Now, Buy it When it Dips
Lowe's(LOW) MarketBeat·2024-08-20 22:44
Lowe's Companies TodayLOWLowe's Companies$244.22 +1.01 (+0.42%) 52-Week Range$181.85▼$262.49Dividend Yield1.88%P/E Ratio19.62Price Target$250.19Add to WatchlistLowe’s Companies NYSE: LOW stock is in a holding pattern after the Q2 results revealed operational quality offset by a weakened sales outlook. The critical takeaway is that macroeconomic conditions impact sales while operational quality improves. As bad as the guidance seems, it’s not as bad as was feared, and the company is set up to gain leverage w ...