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2 great stocks that may be hitting new lows soon. Wall Street punishing them. All I keep hearing is how great housing is doing but yet these 2 darlings keep selling off. There not expensive at all. Anyone nibbling here or do you expect continue selloffs?
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LOW definitely sparked my interest. Question is, why has it been declining so much? PE ratio seems to be historically low too so it's not like the recent decline can be explained by a pull back to normal valuation.
Question? Would or should its debt concern you?
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Wow what a dismal earnings report from LOW this morning. Horrible.. How can HD get it so right and Low so wrong. I guess new Lows are coming.
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Huge beat for LOW this morning, and guided above consensus EPS estimates for 2017 as well.
It's up nearly 10% on the news.
Forward guidance is for $4.64 in 2017, which is a PE under 18 at current prices. Still a good value considering its high growth rate.
Lowe's forward yield is quite high, might be a good time to jump in?