DNY59Lowe’s stock: previous thesis and Q2 recap I last wrote on Lowe’s (NYSE:LOW) stock about four months ago. As you can see from the screenshot below, that article, "Lowe's Stock: Buy Wonderful Businesses At Fair Prices," was published by Seeking Alpha on May 3, 2024. In that article, I argued for a buy thesis based on the following considerations: Lowe's valuation, with P/E ratios substantially higher than the sector median, is by no means cheap. However, I do not see an obvious overvaluation either  ...