Is the Selling Over with Lowe's? (LOW)

Hopefully, the selling is over with home improvement giant Lowe's LOW, first discussed here on September 16, 2009 at a price of $21.60. The stock has misbehaved this summer, falling more than 30% and coming too close for comfort to the $14.50 sell/stop loss. Still, the calculation is to stick with LOW, given a likely 3-5% revenue increase in FY2011. An aging stock of U.S. homes, and pent-up demand, add to the favorable, longer-term story. To read the rest, head over to BloggingStocks.
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