If you are wondering whether Lowe’s Companies at around US$268 per share looks compelling or stretched, you are not alone, and the answer depends heavily on how you think about value.
The stock has seen mixed recent returns, with a 2.1% decline over the last 7 days, an 11.6% gain over the past month, and returns of 8.7% year to date, 4.0% over 1 year, 37.9% over 3 years, and 69.6% over 5 years.
These moves have kept Lowe’s in focus for investors weighing whether the long term track record and current price still line up. Recent coverage has largely centered on how the company fits into the broader US home improvement and consumer spending story, which feeds directly into how the market is currently thinking about risk and opportunity…