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 $110.00 short put and a strike $100.00 long put offers a potential 9.41% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $110.00 by expiration. The full premium credit of $0.86 would be kept by the premium seller. The risk of $9.14 would be incurred if the stock dropped below the $100.00 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 at 73.64 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lowe's Companies
Build Yourself a Trade in Home Depot Stock
Tue, 18 Sep 2018 16:47:03 +0000
Home improvement stocks like Home Depot (NYSE:HD) and Lowes (NYSE:LOW) are on the move. This year’s price action has taken on the form of a cup-and-handle pattern that just completed with last week’s breakout.
Analysts Favor ‘Buy’ Ratings on Home Depot Stock
Tue, 18 Sep 2018 13:02:47 +0000
How Much Upside Potential Is Left in Home Depot’s Stock Price? No analysts have given HD “sell” recommendations. On average, analysts have given the stock a price target of $215.47, which represents a return potential of 3.1% from its price of $209.07.
Analysts Expect Home Depot’s EPS to Rise in the Next Year
Tue, 18 Sep 2018 11:33:37 +0000
How Much Upside Potential Is Left in Home Depot’s Stock Price? For the next four quarters, analysts expect Home Depot (HD) to post EPS of $9.94, which represents a rise of 14.4% from its EPS of $8.69 in the corresponding four quarters of the previous year. HD’s EPS growth will likely be driven by its revenue growth, the expansion of its net margin, and its share repurchases.
What to Expect from Home Depot’s Revenue in the Next Year
Mon, 17 Sep 2018 20:45:02 +0000
How Much Upside Potential Is Left in Home Depot’s Stock Price? For the next four quarters, analysts expect Home Depot (HD) to post revenue of $111.18 billion, which represents a rise of 6.6% from its revenue of $104.32 billion in the corresponding four quarters of the previous year. Its revenue growth will likely be driven by positive SSSG (same-store sales growth), its adoption of a new accounting standard, its addition of new stores, and one extra week of operations.
Can Home Depot Stock Rise Further?
Mon, 17 Sep 2018 19:41:06 +0000
The obituaries that were written for the retail sector may have been premature. The shares of several major chain stores, including Home Depot (NYSE:HD) stock, have gained significant ground during the latest rally. Home Depot stock is now at an all-time high.
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