Better Buy: Home Depot vs. Lowe's
Most readers are probably aware that the home improvement industry has long been dominated by two businesses. Home Depot (NYSE: HD) and Lowe's (NYSE: LOW), both household names by now, possess favorable attributes that investors could be looking for when it comes to their own portfolios. Moreover, both stocks have beaten the S&P 500 during the past five years.
As we look toward the future, which of these massive retailers is the better stock to buy right now? Continue reading to find out what I think.
Home Depot was only able to increase its top line by 4.1% in fiscal 2022, which ended Jan. 30. And same-store sales actually declined 0.3% in the fiscal fourth quarter. There's no doubt that the company is facing a slowdown amid a shift in consumer behavior and higher inflation.
Source Fool.com
