NEW YORK- Shares of Lowe's Companies the home improvement retailer continued to sink today. The stock has lost nearly 8% of its value over the last few trading sessions as investors worry about the decrease in homeowner spending which can impact the companies future results. The drop in Lowe's is nearly double the drop seen in Home Depot shares over the last 5 trading sessions. Allan Edwards the CEO of The Markets Are open has recently advocated the shares, Edwards said "outside Alcoa there are very few stocks that could be in the Dow or are in the Dow that remain at extremely depressed levels."
To see his full report on Lowe's Click Here
No comments:
Post a Comment