Lowe’s Companies, Inc. (LOW): Billionaire Bill Ackman Believes New CEO is Able to Narrow the Performance Gap with Home Depot

Billionaire Bill Ackman, manager of Pershing Square, in a recently published 2018 Annual Letter shared his professional analysis of Lowe’s Companies, Inc. (NYSE:LOW). You can download a copy of the letter – here. Among other things, Bill Ackman stated that he has faith in a newly chosen CEO, Marvin Ellison, believing he will guide Lowe’s towards achieving its full potential. Bill Ackman thinks that the company’s comprehensive upside potential lies in narrowing the performance gap with...