If you are wondering whether Lowe’s Companies is attractively priced at its current level, you are not alone. The stock often gets attention from investors trying to work out if the market is being too cautious or too optimistic.
The share price recently closed at US$269.42, with a 10.5% return over the last 30 days, a 9.1% return year to date and a 5.0% return over the last year, alongside a 2.8% decline over the past week and a 74.1% return over five years.
Recent news coverage has focused on Lowe’s position in the US home improvement market and how consumer spending patterns could affect demand for big ticket projects. Commentary has also highlighted how investors are weighing long term housing and renovation trends against shorter…
