Extremely significant positive changes in Lowe”s Cos Inc (NYSE: LOW) investment behavior have recently occurred: its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
Recent slight positive changes in fundamentals have benefitted Lowe”s Cos Inc (NYSE: LOW): significant quarterly earnings acceleration occurred.
The stock is currently unrated.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, LOW is expected to be an important Value Eraser.
Lowe”s is currently unrated.
Recent Price Action
On 12/14/23, Lowe”s Cos Inc (NYSE: LOW) stock enjoyed a large increase of 4.7%, closing at $225.54. Moreover, this advance was accompanied by exceptionally high trading volume at 267% of normal. Relative to the market the stock has been strong over the last nine months and has risen 8.1% during the last week.
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