Lowe’s (LOW) is one of the most watched stocks by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this home improvement retailer have returned +7.5% over the past month versus the Zacks S&P 500 composite’s +3.4% change. The Zacks Building Products – Retail industry, to which Lowe’s belongs, has gained 4.5% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company’s