Better Buy: Home Depot or Lowe’s?
after reviewing each company’s mid-year updates, investors have a clearer picture of what’s going on at Home Depot (NYSE: HD) and Lowe’s (NYSE: LOW). The good news is that the home improvement industry is still growing even after soaring results over the past few years. Profit margins aren’t diving, either, as they have been for other retailing niches.
But the two competitors have different outlooks for the full 2022 year, which helps explain the valuation gap between the two stocks. With that in mind, let’s look at which investment might fit better in your portfolio.