Lowe's Is Down 27% From Its High. Time to Buy?
Home improvement giant Lowe's Companies (NYSE: LOW) has been a market-beating stock for much of its history. Over any meaningful span of time, Lowe's has trounced the S&P 500's returns. In fact, an investment of $10,000 at Lowe's IPO in 1961 would be worth nearly $3 million today.