1 Reason Lowe's May Be a Smarter Buy Than Home Depot Before Aug. 19
These two home improvement businesses continue to deal with a tough macro environment.
Overview
The home improvement industry has been under pressure in recent years. Macroeconomic headwinds, most notably elevated interest rates and above-normal inflation, have hurt demand for the two largest players, Home Depot (NYSE: HD) and Lowe's (NYSE: LOW).
And these two retail stocks have underperformed the market. Home Depot shares are up 8% in the past three years (as of Aug. 7), while Lowe's shares have fallen 1%. Investors deciding between these two should focus on one key data point.
Details
Here's one reason Lowe's may be a smarter buy than Home Depot before Aug. 19.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.