Lowe’s Companies, Inc. (LOW): A Bull Case Theory

We came across a bullish thesis on Lowe’s Companies, Inc. (LOW) on Rijnberk InvestInsights’ Substack. In this article, we will summarize the bulls’ thesis on LOW. Lowe’s Companies, Inc. (LOW)'s share was trading at $225.73 as of 30^th May. LOW’s trailing and forward P/E were 18.67 and 18.42 respectively according to Yahoo Finance.

[caption id="attachment_1311390" align="aligncenter" width="768"] Home improvement tools[/caption]

Last week, Lowe’s Companies reported fiscal Q1 earnings that failed to excite Wall Street, causing shares to drop about 2% the following day and...