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 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.