Lowe’s or Home Depot

An emailer asks me: “Lowe’s (LOW) or Home Depot (HD)?”
Ooohh, this is a toughy. Both are excellent companies and both have done extremely well over the past 13 months. This means that both have probably made the vast majority of their “easy gains” this cycle.
I would say that Lowe’s and Home Depot are very nearly tied. Both stocks go for almost exactly 19 times this year’s estimate. I’ll give a slight edge to Home Depot since their recent earnings reports have exceeded expectations by a nice margin.
image934.png

Posted by on April 28th, 2010 at 1:56 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.