zAngus

LOW:NYSE - LOWE'S COMPANIES - 150% home improvements run

Long
NYSE:LOW   Lowe's Companies, Inc.
Was reading an article this morning on the "nesting economy" and they were saying that companies like Lowes and Home Depot have been doing particularly well lately. Lowes has had a 30% jump in revenue for their second quarter which includes a whopping 135% surge in online sales. Chart looks pretty good and not too much volatility. Nice and smooth. Has had a small pullback so might be back in a value area. Could be worth a look.

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