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Lowe's Companies, Inc. (LOW) operates as a home improvement retailer.
The company offers products for maintenance, repair, remodeling, and home decorating.
It provides home improvement products under the categories of kitchens and appliances; lumber and building materials; tools and hardware; fashion fixtures; rough plumbing and electrical; lawn and garden; seasonal living; paint; home fashions; storage and cleaning; flooring; millwork; and outdoor power equipment.
The company also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. It provides national brand-name merchandise and private branded products. The company serves individual homeowners and renters, including do-it-yourself customers and do-it-for-me customers; and professional customers, such as construction trades, as well as maintenance, repair, and operations.
As of October 30, 2015, it operated 1,849 home improvement and hardware stores in the United States, Canada, and Mexico. The company also sells its products through online sites comprising Lowes.com, Lowes.ca, and ATGstores.com, as well as through mobile applications.
Shares are heading higher in an upward trading channel (shown in blue). The lower boundary of the said channel coincides with the stock's 200-day moving average (shown in green). Higher share prices are expected for this stock.
52-Weeks Trading Range: $64.22 - $78.13
Entry Point: $72.68
Stop Loss: $69.00
Target Price: $79.90
LOW closed at $76.14. Proceeds will be used in other stocks.
