Just bought LOW on the recent HD dip. Looking forward to years and many increasing divs of ownership. By the looks of this board, there's a lot of disgruntled ex-employees and union/OWSer's here. I guess I'll do some mute weeding...
Just an FYI- Lowe's last month gave all the nonCDL drivers a 70¢ raise. Then this month, at least in the Cincinnati market, told them all they will be terminated in February when they centralize the distribution center, and they can reapply for their jobs.
Will this ever stop going down????
what the h---!
If we are to go off the RSI then you could argue that a pull back next day or so could occur on LOW before rallying up. This is so frustrating trying to find trade ideas. I've subscribed to some email newsletters which helps me with new stock ideas. awe*some*sto-cks is the one i like best.
I have played this stock prior to earnings just as I do with Home Depot and usually clean up.I do believe is a great deal stronger than the manipulators pretend. Good Luck ! 🍊
Ghost In The Darkness
Blowes sucks with regards to management and how they treat employees which in turn means the customer is not helped and or treated like they should be which in turn means this turd is gonna get flushed. When the next housing and economy bubble pops which should be in the next 12 months this will be down at $30
BTIG just out with a Buy Rating $95 PT
Down big with HS after they beat and raised. Hmmmm
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Try $68 by 3rd qtr...
Tell me one thing Niblock has done to makes Lowe's a better company.
As a share holder and shopper at Lowes it is becoming harder and harder to shop at Lowes. The way they conduct online orders. No customer service in the stores in Dallas TX. Is it time for a Management shake up.
ATTN: Lowes BOD. FIRE Niblock immediately. "Nuff" said.
Thoughts on Amazon buying Lowes?
I still typically shop at LOW instead of HD, simply because I'm a shareholder, but I must say I'm not sure how much longer I'll be that shareholder. The company is managing for the short term in my opinion. They are focused on cost cutting, but instead of looking at how to be more efficient, they're taking the easy route and simply reducing employee costs. That tells me senior management is either out of ideas or simply doesn't want to work hard. It's obvious in the few LOW stores I frequent, there are less employees overall and even more concerning is that the remaining employees are less informed and less interested in customer service. This approach could result in near term earnings beats, better margins, etc., etc., but will likely result in exactly the opposite long term.
Maybe management has fallen in to the Amazon trap and believe like many investors that AMZN cannot be beat. If that's the case, bring in new management. There is a lot LOW can do!
- Figure out how to better cater to contractors and pull some of that business from HD. - Quickly grow the smaller Orchard Supply Hardware store base, but please don't ruin it. - Heck... Do something transformative and go buy TSCO (Tractor Supply Company). There would be lots of synergies, could likely get at a discount from historic levels and provide growth that LOW sorely needs. I know this is going out on a limb, but it's better than their current strategy.
I've been in this for over 8 years and have done well. I'm going to hope for a nice little pop back to the low-mid $80's at which point I'll likely sell all my shares and move on. BTW... I don't believe HD is taking this same approach.
Lowes, try to copy Amazon more with orders...and make it easier for on line orders...
If Lowes is giving delivery drivers obamabucks who is making the deliveries? Some cheaply paid vatos? 👽
Do you think this thing is done selling? Showing us a buy signal now on LOW? Yo you should really check out awesome_stocks, they seem on point with their stocks.
Anyone decided to BOYCOTT AMAZON YET? Amazon won't sell lumber, but they will sell tools. The more you buy from Amazon, the more money they have.