/Lowe)
Mooresville, North Carolina-based Lowe's Companies, Inc. (LOW) operates as a home improvement retailer. It offers construction, maintenance, repair, remodeling, decorating, and home improvement products. With a market cap of $138.6 billion, the company operates over 1,700 physical stores spread across the US.
The home improvement retailer has underperformed the broader market over the past year. Over the past 52 weeks, Lowe’s stock is up 9.6% lagging behind the S&P 500 Index’s ($SPX) 28.1% returns. In 2024, Lowe’s gained 8% compared to SPX’s 17.3% gains on a YTD basis.
