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LOW - Lowe's Companies, Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by bigbear0083, Apr 4, 2016.

  1. bigbear0083

    bigbear0083 Content Manager
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    [​IMG]

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    Lowe's Companies, Inc. (LOW) is an American company that operates a chain of retail home improvement and appliance stores in the United States, Canada, and Mexico. Founded in 1946 in North Wilkesboro, North Carolina, the chain has 1,840 stores in the United States, Canada, and Mexico. Expansion into Canada began in 2007 with the opening of a store in Hamilton, Ontario in early 2008. Lowe's started the construction of two stores in the Mexican city of Monterrey officially entering the Mexican market. In 2011, Lowe's released plans to build over 150 stores in Australia (as Masters Home Improvement) over the next five years, hoping to compete with the A$46 billion industry. Lowe's Companies, Inc. is ranked #50 on the Fortune 500 list. As of 2010, the chain is based in Mooresville, North Carolina. Lowe's is the second-largest hardware chain in the United States behind The Home Depot and ahead of Menards. Globally, Lowe's is also the second-largest hardware chain, again behind The Home Depot but ahead of the European stores B&Q and OBI.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Reported before open today (5/18/16)
    Earnings: EPS $0.98 Revenue $15.2B
    Estimates: EPS $0.85 Revenue $14.87B

    Up 3.01% today so far
     
  3. StockJock-e

    StockJock-e Brew Master
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    Nice break out to 52wk highs!
     
  4. T0rm3nted

    T0rm3nted Moderator
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    Ex-Div-Date: 7/18/16
    Payment Date: 8/3/16
    Dividend: $0.35
    Current Price: $80.09
    Annual Yield: 1.40%
     
  5. T0rm3nted

    T0rm3nted Moderator
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    Analyst Upgrade/Downgrade Update

    Brokerage firm: Wedbush
    Change: Downgrade
    Previous Rating: Outperform
    Current Rating: Neutral
    Previous Price Target: $84
    Current Price Target: $73

    Analyst Upgrade/Downgrade Update

    Brokerage firm: JP Morgan
    Change: Downgrade
    Previous Rating: Overweight
    Current Rating: Neutral
    Previous Price Target: N/A
    Current Price Target: N/A
     
  6. bigbear0083

    bigbear0083 Content Manager
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    Lowe's (LOW) Misses Q3 Earnings, Trims FY16 EPS Outlook
    [​IMG]
     
  7. Tiptopptrader

    Tiptopptrader Well-Known Member

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    LOW follows the path of Home Depot

    upload_2016-11-16_7-47-15.png
     
  8. T0rm3nted

    T0rm3nted Moderator
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    Looks like pretty strong support in that area though, on the bright side for any longs.
     
  9. SwingTrade Guru

    SwingTrade Guru New Member

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    Shares of Lowe's Companies, Inc. (NYSE:LOW) is holding major support on the daily stock chart with a bullish pattern setup. This signals a likely move higher next week for the household and homebuilding supplies retailer. Currently trading at a price of $71.27, the stock has upside to $81.25 assuming the stock market stays strong and continues to grind higher. This trade should play out within a week or two. Make sure to maintain a stop on any daily close below $69. This gives a great risk/reward trade setup.



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  10. Gambit

    Gambit Active Member

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    $LOW big ass IHS - from the watch list this week. +3.60% so far $HD volume suggests institutions are buying

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  11. T0rm3nted

    T0rm3nted Moderator
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    Up nearly 8% pre-market on an earnings beat

    upload_2017-3-1_7-4-54.png
     
  12. fidelgeorge

    fidelgeorge Well-Known Member

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    Home improvement retailer Lowe’s ($LOW) is likely to see early strength after reporting better than expected fourth quarter results and forecasting 2017 earnings and sales above analyst estimates.
     
  13. LloydWCoutee

    LloydWCoutee Active Member

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    Lowe's Companies given $77.00 PT by Wedbush. hold rating.
     
  14. T0rm3nted

    T0rm3nted Moderator
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    Looking like a pretty decent spot here for this one. Depending what time I'm up tomorrow and where it's at, I may take a stab at this one. Sitting at support, and added support from the 50MA, plus more support not far below. Below that though, I'd need a stop to avoid a significant drop. Not much more support AFTER that until the 200MA or so.

    upload_2018-2-18_15-11-5.png
     
  15. T0rm3nted

    T0rm3nted Moderator
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    Hopped in at $95.93 just a bit ago.
     
  16. T0rm3nted

    T0rm3nted Moderator
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    To add on a bit to my post earlier today, actually got in at $95.92. I have a target gain of 12% at $11.51/share, and a stop at $92.17 which would be a loss of 3.94%, for a risk/reward ratio of 3.04.

    Currently down on the position 0.69%

    upload_2018-2-20_17-26-21.png
     
    Onepoint272 likes this.
  17. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Another good setup TOrm, similar but further along than what you pointed out on WMT. I don't like that it is not getting out of the danger zone none too fast, but more importantly I like that it did not build any cause for a major move down. It may take several days to play out but it looks like a low risk set-up.

    upload_2018-2-20_21-33-31.png
     
    T0rm3nted likes this.
  18. T0rm3nted

    T0rm3nted Moderator
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    Eating the losses on this as I don't think there's any "real" reason for the drop, other than the volatility in the market. I won't be worried until it loses the support of the 200MA, at which point I'll just have to cut my losses and move on. Currently sitting in oversold territory with support at the 200MA. Not likely, but I'm considering averaging down. We will see.

    upload_2018-3-5_18-15-20.png
     
    bigbear0083 likes this.
  19. T0rm3nted

    T0rm3nted Moderator
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    LOW just announced that the CEO will be retiring. Up over 5% pre-market

    upload_2018-3-26_7-35-23.png
     
  20. T0rm3nted

    T0rm3nted Moderator
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    Woof, just cut my losses on this one at 14%. Definitely my biggest loss in awhile. It was my own fault for ignoring my stop as well, and then re-evaluating and deciding to play support at the 200MA. Finally broke below it and down even more today. Live and learn.
     

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