Lowe's Companies's most recent trend suggests a bullish bias. One trading opportunity on Lowe's Companies is a Bull Put Spread using a strike $97.50 short put and a strike $92.50 long put offers a potential 16.82% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.50 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock dropped below the $92.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Lowe's Companies is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Lowe's Companies is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Lowe's Companies
Lowe's brings on another exec with J.C. Penney, Home Depot experience
Mon, 23 Jul 2018 16:59:09 +0000
Lowe’s Cos. Inc. will soon have a second top executive with experience from both Home Depot and J.C. Penney.
First Order of Business for Lowe's New CEO: Clean House
Sat, 21 Jul 2018 15:55:00 +0000
Time, more than dramatic changes, is what Lowe's needs to reverse course.
Lowe's Appoints Joseph M. Mcfarland III As Executive Vice President, Stores
Fri, 20 Jul 2018 20:30:00 +0000
MOORESVILLE, N.C., July 20, 2018 /PRNewswire/ — Lowe's Companies, Inc. (LOW) today announced that Joseph M. McFarland III has been named executive vice president, stores, effective Aug. 15. In this role, McFarland will oversee the north, south and west divisions, Orchard Supply Hardware, pro and services businesses, operations engineering, and asset protection for the organization. McFarland will report to Marvin R. Ellison, president and CEO.
Lowe's Poaches Another J.C. Penney Executive as CEO Remakes Team
Fri, 20 Jul 2018 20:25:12 +0000
The chief executive officer, who joined the home-improvement chain less than three weeks ago on July 2, named Joe McFarland executive vice president of stores, the company said. McFarland is just the latest example of Ellison bringing in his own team to run Lowe’s. Ellison was a top executive at Home Depot Inc., then became CEO of J.C. Penney Co. in 2015 after being passed over for the top job at Home Depot.
EX-Dividend Schedule: Lowe's Cos. Raised its Dividend By 17%; Will Trade Ex-Dividend on July 24, 2018
Fri, 20 Jul 2018 11:05:00 +0000
LONDON, UK / ACCESSWIRE / July 20, 2018 / Active-Investors has a free review on Lowe's Cos., Inc. (NYSE: LOW) (“Lowe's”) following the Company's announcement that it will begin trading ex-dividend on July 24, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date (excluding weekend) that is by latest at the end of the trading session on July 23, 2018. Active-Investors has initiated due-diligence on this dividend stock.
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