Will Lowe's Pro Business Continue Its Winning Streak?
Over the past one, three, five, and 10-year periods, Lowe's (NYSE: LOW) stock has outperformed larger rival Home Depot. While the latter possesses better margins and return on invested capital, the former has still managed to stand apart as the better investment.
Much can be credited to Lowe's increasing focus on serving professionals like contractors, electricians, and plumbers. This is a huge end market that can help the company continue its hot streak, as well as close the gap with Home Depot when it comes to profitability metrics.
Lowe's has registered big gains with the Pro customers, a trend I think will continue in the future. And this is just what the retailer's shareholders want.
Source Fool.com