Why I'm Holding Lowe's Stock No Matter How Bad the Market Crash Gets
Just a few months ago, I purchased shares of Lowe's (NYSE: LOW) for the first time. I was looking to anchor my IRA with a stock that had a track record of beating the S&P 500 average, was reasonably valued, and paid a healthy dividend. Lowe's checked those boxes for me. But with this market crash, you can probably guess my investment is down more than I could have imagined. And yet, I'm not even thinking about selling.
When it comes to Lowe's, its core business has thrived for decades. I'm counting on that to continue by holding my shares. But here are three catalysts that I still believe can propel the stock higher over the next five years -- my minimum holding period.
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Source Fool.com
