Lowe's Companies Inc

Stocks making the biggest moves midday: Lowe’s, MicroStrategy, Six Flags, Casper Sleep & more

February 24, 2021adminLeave a Comment

Home Depot and Lowe’s stores Getty Images Check out the companies making headlines in midday trading. Lowe’s – Shares of Lowe’s ticked more than 3% lower after the company said home improvement sales will likely decline in 2021 as more people get Covid-19 vaccines and spend more time outside their homes. Despite the outlook, Lowe’s said fourth-quarter same-store […]

5 things to know before the stock market opens Wednesday

February 24, 2021adminLeave a Comment

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stocks set to rise after Tuesday’s turnaround on Wall Street Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock futures rose Wednesday, a day after Wall Street’s wild ride that saw the […]

Stocks making the biggest moves in the premarket: Lowe’s, GameStop, Square, Intuit & more

February 24, 2021adminLeave a Comment

Take a look at some of the biggest movers in the premarket: Lowe’s (LOW) – The home improvement retailer reported quarterly profit of $1.33 per share, 12 cents a share above estimates. Revenue also came in above analysts’ forecasts. Same-store sales jumped 28.1%, compared to the 22% predicted by analysts surveyed by FactSet. Lowe’s shares […]

Lowe’s earnings top estimates as same-store sales jump 28%, warns some DIY trends could fade

February 24, 2021adminLeave a Comment

Shoppers wearing protective masks wait in line to enter a Lowe’s Cos. store in San Bruno, California, U.S., on Wednesday, May 20, 2020. David Paul Morris | Bloomberg | Getty Images Lowe’s said Wednesday that its fourth-quarter same-store sales climbed 28.1%, as consumers continued to spend money on home projects during the pandemic. That’s higher […]

Home Depot is set to report its earnings before the bell. Here’s what to expect

February 23, 2021adminLeave a Comment

People wear protective face masks outside Home Depot in the Flatiron district as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 8, 2020 in New York City. Noam Galai | Getty Images Home Depot is set to report its fiscal fourth-quarter earnings before the bell […]

Technician forecasts another 35% rally for lumber – four ways to play higher demand

February 22, 2021adminLeave a Comment

Lumber prices are on a tear. The commodity topped $1,000 last week, a record high and a promising sign of a rebound in demand for building materials as the economy recovers from the coronavirus pandemic. Craig Johnson, chief market technician at Piper Sandler, said the charts forecast even more upside ahead. “Stay seated, but it […]

Stronger economic data could power stocks that thrive in a rebound in the week ahead

February 19, 2021adminLeave a Comment

The bull of Wall Street is seen during the pass of the snowstorm on January 31, 2021 in New York City. Eduardo MunozAlvarez | VIEW press | Corbis News | Getty Images A decline in new Covid infections, along with improving economic data and stimulus hopes, could boost stocks that flourish in a resurging economy […]

$47 billion swept into ‘ESG’ stocks last year — and here are Wall Street’s favorites

February 16, 2021adminLeave a Comment

A Wall Street street sign is displayed in front of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Feb. 11, 2021. Bloomberg | Getty Images Analysts at Wall Street’s biggest banks have listed their top stocks for environmental, social and governance (ESG) factors in a sector that has soared in popularity […]