Headquartered in Mooresville, North Carolina, Lowe's Companies, Inc. (LOW) operates as a home improvement company and offers a line of products for maintenance, repair, remodeling, and decorating. Coming with a market cap of $138.99 billion, the company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers, and retail customers.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and LOW fits right into that category, signifying its substantial size, stability, and dominance in the home improvement industry. Offering a range of home improvement goods including lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, the company benefits from robust retail sales.