Better Buy: Home Depot vs. Lowe's
While the economy may look a bit concerning now, it pays to look out a few years. Take the home improvement market, which is expected to grow at a nearly 5% pace through 2028. The two Goliaths of the sector -- and longtime rivals -- are Home Depot (NYSE: HD) and Lowe's Companies (NYSE: LOW).
Read on to see which of these two home improvement giants makes a more compelling buy in today's market.
Founded in 1978, Home Depot transformed the hardware store as we know it. Now the largest home improvement retail chain in the world, it operates more than 2,300 stores across North America, employs half a million associates, and brought in over $151 billion in revenue last year.
Source Fool.com