Lowe’s (LOW -0.76%) management told investors that home improvement spending is moderating off pandemic highs. Fool.com contributor and finance professor Parkev Tatevosian updates his recommendation for Lowe’s stock.
*Stock prices used were the afternoon prices of May 23, 2023. The video was published on May 25, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Lowe’s Companies. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
