Lowe's Companies (NYSE: LOW) and Tractor Supply (NASDAQ: TSCO) don't compete directly, but they share many similarities as investments. The two retailers are highly profitable and have been steadily boosting market share in competitive industry niches. And strong cash flow in each business has powered ample cash returns through dividends and stock buyback spending.

But which one is the better buy right now? Let's take a closer look.

Fans of growth stocks will find more to like about Tractor Supply today. Sure, the rural lifestyle retailer missed sales expectations in the most recent quarter. But comparable-store sales are still projected to rise by as much as 6% in 2023 following last year's 6.3% increase. Tractor Supply is seeing a healthy balance today between rising customer traffic and increased average spending.

Continue reading

Source Fool.com