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Why Lowe's Stock Rose 11% in August

TheMotleyFool

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Lowe's (NYSE: LOW) shares outpaced a booming market in August by rising 11% compared to the S&P 500's 7% increase, according to data provided by S&P Global Market Intelligence.

That rally put the stock at a 40% return so far in 2020, compared to a 31% gain for rival Home Depot (NYSE: HD) and a 9% increase in the broader market.

Image source: Getty Images.

Source Fool.com

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