Lowe’s Stock Rated Outperform as Tech Hub and PPI Boost Long-Term Growth Strategy

Lowe’s Companies, Inc. (NYSE:LOW) ranks among the top stocks for an early retirement portfolio. Mizuho upheld its $280 price target and Outperform rating on Lowe’s Companies, Inc. (NYSE:LOW) on June 13 following an investor meeting at the company’s Tech Hub in Charlotte, North Carolina.

According to Mizuho, the home improvement company must contend with a “complex and evolving consumer backdrop.” Affordability concerns continue to exert pressure on the sector, and tariff-related worries may postpone the home improvement market’s recovery.

Despite these obstacles, Lowe’s Companies, Inc. (NYSE:LOW) is making significant strides in its professional customer base and continues to enhance its business strategy. To improve its market delivery capabilities for appliances and reduce its cost profile, the company is also putting Perpetual Productivity Improvement (PPI) measures into action. Lowe’s Companies, Inc. (NYSE:LOW) has also been enhancing its supply chain and digital operations, with its newly launched Tech Hub now employing over 1,000 people.

Lowe’s Companies, Inc. (NYSE:LOW) is a home improvement retailer that provides an extensive selection of products and services to both professionals and everyday customers.

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Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.