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 $106.00 short put and a strike $101.00 long put offers a potential 37.36% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $106.00 by expiration. The full premium credit of $1.36 would be kept by the premium seller. The risk of $3.64 would be incurred if the stock dropped below the $101.00 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.
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LATEST NEWS for Lowe's Companies
The 10 Top Picks For 2018 From Argus Research
Sun, 28 Jan 2018 15:04:00 +0000
When MoneyShow,com asked 10 analysts from independent research firm Argus Research for their top 2018 stock picks, how did the answers come back? How about independent, unbiased and impartial? Read on.
[$$] Lowe's Is Adding Three New Directors to Board
Sat, 27 Jan 2018 05:01:00 +0000
Source: InsiderScore.com On Jan. 18, Carl Icahn Capital issued an open letter to Xerox shareholders about the joint venture between Xerox and Fujifilm. Specifically, Icahn called for “renegotiating the joint venture agreement to make it more favorable to Xerox,” even if that meant scrapping the agreement entirely. The letter highlighted the spinoff of Conduent more than a year ago—a separation that the company “heralded as a new chapter” but one that failed to “revitalize” Xerox.
Lowe's board approves $5 billion stock buyback plan
Fri, 26 Jan 2018 21:45:13 +0000
Lowe's Cos. said late Friday that its board approved a stock repurchase program of up to $5 billion. The new buyback plan has no expiration date and is on top of $2.1 billion remaining from a previous …
Lowe's announced $5 billion stock buyback program
Fri, 26 Jan 2018 21:45:00 +0000
CNBC's Eric Chemi reports on Lowe's announcing a $5 billion stock buyback program.
Lowe's Companies, Inc. Announces New $5 Billion Share Repurchase Program
Fri, 26 Jan 2018 21:30:00 +0000
MOORESVILLE, N.C., Jan. 26, 2018 /PRNewswire/ — Reflecting its commitment to return excess cash to shareholders, the Board of Directors for Lowe's Companies, Inc. (LOW) today authorized a new $5 billion repurchase program for the company's common stock. This new repurchase program has no expiration date and is additive to the previous program's remaining balance, which was $2.1 billion as of Nov. 3, 2017, the end of the company's third fiscal quarter. Repurchases will be subject to market conditions and will be made from time to time either in the open market or through private off-market transactions in accordance with the requirements of the Securities and Exchange Commission. Lowe's Companies, Inc. (LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico.
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