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 $190.00 short put and a strike $185.00 long put offers a potential 21.65% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $0.89 would be kept by the premium seller. The risk of $4.11 would be incurred if the stock dropped below the $185.00 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.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Lowe's Companies
Should You Invest in Lowe’s Companies (LOW)
Mon, 05 Apr 2021 17:33:38 +0000
Pershing Square Holdings Ltd, an investment management firm, published its fourth-quarter 2020 investor letter – a copy of which can be downloaded here. A net return of 70.2% was recorded by the fund for the year-end of 2020, outperforming its S&P 500 benchmark that delivered an 18.4% return in the same period. You can view […]
Retail outlook: expect discretionary retail to take off
Mon, 05 Apr 2021 15:17:22 +0000
Yahoo Finance's Brian Sozzi, Julie Hyman, and Myles Udland discuss the state of retail and outlook for retailers with Jan Rogers Kniffen, J Rogers Kniffen WWE CEO.
Here's How Much a $1000 Investment in Lowe's Made 10 Years Ago Would Be Worth Today
Thu, 01 Apr 2021 13:31:01 +0000
Holding on to popular or trending stocks for the long-term can make your portfolio a winner.
If You Invested $1000 in Lowe's 10 Years Ago, This Is How Much You'd Have Now
Tue, 30 Mar 2021 13:58:01 +0000
Holding on to popular or trending stocks for the long-term can make your portfolio a winner.
Lowe's Prices $2 Billion Notes Offering
Mon, 29 Mar 2021 23:43:00 +0000
Lowe's Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $1.5 billion of 2.625% Notes due 2031 and $500 million of 3.500% Notes due 2051 (collectively, the “Notes”). Estimated net proceeds from this offering will be approximately $1.984 billion, after deducting offering expenses and underwriters' discounts. Lowe's plans to use the net proceeds from the sale of the Notes for general corporate purposes. Closing is expected to occur on March 31, 2021, subject to satisfaction of customary closing conditions.
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