Lowe's Stock Is Still Underappreciated Despite Growth and Innovation Efforts
Lowe's (NYSE: LOW) often gets labeled as "second best" to rival home improvement retailer Home Depot (NYSE: HD). It has fewer stores, less yearly revenue, and a lower share price. But what many fail to notice is that Lowe's keeps chipping away at Home Depot's lead and has been very successful in building up its business.
The company's achievements are a nice balance between old-fashioned good judgment and modern retail trend execution. So while it still plays second fiddle, it's beefing up to present itself as a well-matched competitor in the home improvement marketplace.
Image source: Lowe's.
Source Fool.com
