Should You Hold Lowe’s Companies (LOW) for the Long Term?

Madison Investments, an investment advisor, released its “Madison Investors Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, Fund (class Y) declined -1.3% compared to a -3.3% decline for the S&P 500 Index benchmark.  In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

Madison Investors Fund highlighted stocks like Lowe’s Companies, Inc. (NYSE:LOW) in the third quarter 2023 investor letter....