Why I am Buying $2,000 Worth of Lowes (LOW) Stock?
Should You Buy Lowes Stock?Yes, here is why!
Management targets a 12% operating margin longer term, offering significant upside to our current year 10% operating margin estimate.
A stable housing market provides operating leverage, generating an estimated cumulative free cash flow to equity of more than $28 billion over the next five years, which should help fund around $12 billion in repurchases.
Initiatives to improve the supply chain and inventory management after shuttering under performing Orchard Supply and Lowe's locations could boost profit gains more quickly than and above levels that we currently anticipate.