#6 - Lowe’s Companies (NYSE:LOW)
The Lowe’s Companies Inc. (NYSE: LOW) is one part of a duopoly in the home improvement market with The Home Depot Inc. (NYSE: HD).
In fact, many investors believe Home Depot may be the better choice. But while Home Depot has an impressive streak of 17 consecutive years with dividend increases, it’s not a king. That title belongs to Lowe’s, with 53 years of increases.
Lowe’s has made a successful pivot in recent years to attract the contractor channel while, at the same time, not losing sight of its DIY base. Though the company is subject to the fortunes of the housing sector—which can fluctuate with factors like interest rates, inflation, and tariffs—time is the key advantage for long-term investors.
Over the last 15 years, which includes the blowback from the 2008 Financial Crisis and pandemic-era volatility, LOW stock has delivered a total return of 1,038%.
About Lowe's Companies
Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.
More about Lowe's Companies- Current Price
- $227.18
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 15 Buy Ratings, 9 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $278.21 (22.5% Upside)
