LOW - Best Stock to Buy Right Now: Home Depot vs Lowe's
2024-04-07 07:45:00 ET
At first blush, the two retailers look so alike that they almost seem interchangeable. For investors, though, the devil is in the details. Home improvement chains Lowe's Companies (NYSE: LOW) and Home Depot (NYSE: HD) are different enough in ways that matter to investors. One stock is better than the other.
That winning name? Home Depot. Here's why.
Don't misunderstand --both retailers have their challenges and both will survive into the foreseeable future. If you already own a stake in Lowe's, there's no immediate need to swap it out for Home Depot stock. If you're currently weighing one prospect against the other right now, however, go with Home Depot.
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Best Stock to Buy Right Now: Home Depot vs Lowe's