LOW - Best Stock to Buy Right Now: Home Depot vs. Lowe's
2024-02-07 09:15:00 ET
The conversation around home improvement stores in America begins and ends with The Home Depot (NYSE: HD) and Lowe's Companies (NYSE: LOW) . They are the country's two dominant home improvement retailers by a wide margin.
Consider that the home improvement store market was roughly $258 billion last year, and these two companies combined for $244 billion in trailing-12-month sales. Yeah, this is a clash between two top dogs.
But which stock is the better buy? I put each through the paces to determine which business is performing better, then compared their valuations to see which is the best bang for your buck. You're going to want to see the result.
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Best Stock to Buy Right Now: Home Depot vs. Lowe's