Mooresville, North Carolina-based Lowe's Companies, Inc. (LOW) operates as a home improvement retailer. It offers a line of products for construction, maintenance, repair, remodeling, decorating, and home improvement. With a market cap of $133.5 billion, the company operates 120+ supply chain facilities and 1,750 home improvement and hardware stores spread across the U.S.
Companies worth $10 billion or more are generally described as "large-cap stocks." Lowe's fits this bill perfectly. Given the company's widespread store network, its valuation above this mark is not surprising. Lowe’s serves nearly 16 million customer transactions per week in the U.S. and employs over 300,000 people, and operates as the second largest home improvement retailer in the world.