Lowe's (LOW) A Stock's Story

By Elise Suckling

What Is Lowe's?

Lowe's is a home improvement store and sells things everything from lumber to ceiling fans.

The Beginning

  • Was founded in North Wilkesboro, NC by H. Carl Buchan (1889-1955) in 1946

Other Information About Lowe's

  • Lowe's current CEO goes by the name Robert Niblock and has held this position since January 28, 2005
  • Competitors of Lowe's includes Ace Hardware, Home Depot, and Sears

Photographs

Factors Of Production

Merchandise and Services

As previously mentioned Lowe's sells products such as ovens, lumber, hammers, and outdoor furniture.

Lowe's also offers such services as consultants on new constructions and home renovations.

Other Company Information

  • Lowe's employs over 285,000 people
  • Net worth = about $2.5 billion

FINANCIAL Information

Stock Information

Lowe's is part of the NYSE (New York Stock Exchange). The highest was 83. 53 and the lowest was 65.63. Today it is around 82. 35.

Charts

News Articles

“Lowes Wants People To Fix Their Bathrooms With Virtual Reality” by Fortune

This article was about how Lowe's had this virtual reality chamber and allowed customers to design a bathroom from scratch. This could add value to the stock because renovations are very hard and having a tool to help customers do so might give Lowes a boost.

"These 5 Things are Driving the Surge in Lowe's Stock" by CNBC

This article talked about the reasons Lowe's stock is going up.

  • Store traffic increased and picked up
  • Big growth in big-ticket transactions
  • Strength across product categories and markets
  • A narrower gap with Home Depot
  • Home improvement spending seen continuing

Would I recommend this stock?

Yes, I would recommend this stock for 3 main reasons.

  • Lowe's is a sturdy stock
  • Spring is here
  • It has been steadily increasing over the past 5 years

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