LOW Stock Recent News

In 2024, the Federal Reserve has made its intent to cut interest rates crystal clear. As a result, many homeowners have started to sell their homes.

Though 2024's rate cut prospects remain somewhat uncertain, with Federal Reserve officials flip-flopping between “higher for longer” and planned drawdowns, preparing your portfolio for the inevitability is still a useful exercise. Remember that investors waiting on the sidelines and keeping cash in expectation of a massive market crash over the past year missed out on more than 30% gains in the S&P 500.

Shares of the home improvement chain have gained 35% over the past year. Lowe's has a long history of paying and raising its dividend, currently yielding 1.7%.

Zacks.com users have recently been watching Lowe's (LOW) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Lowe's is the only retailer in its niche that can claim an unbroken streak of over 50 years of dividend hikes. However, the stock is missing some key characteristics that would make it a top-tier dividend giant.

For more than one reason, you may be interested in figuring out the best stocks to buy for your children. On one hand, you may be interested in teaching your kids the lifelong benefits of investing in stocks.

Lowe's expects slumping financials in the coming year, and there are tangible macroeconomic reasons for this. The stock's valuation is lower right now, reflecting the slowdown.

Lowe's and Target have both hit sales slumps. Lowe's has been affected by lower spending on home projects.

Executives at Lowe's are focused on boosting sales from professional customers. The home improvement retailer has found that pros spend a lot more money than DIY shoppers.

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