While neither Home Depot (NYSE:HD) nor Lowe's (NYSE:LOW)
were exactly what I thought of as “cheap” a quarter ago, I did think
Lowe's looked like the better buy as I believed the Street would start
factoring in improving operations and more HD-like performance. That
call seems to have worked out, as Lowe's shares outperformed Home Depot
by nearly 15% over the last quarter. As Lowe's still looks cheaper than
Home Depot and has more upside to operational
improvements/outperformance, I would probably stick with Lowe's over
Home Depot, but almost anything house-related in retailing seems strong
these days.
Continue here:
http://www.investopedia.com/stock-analysis/082113/solid-beatandraise-lowes-closes-some-gap-low-hd-whr-bby.aspx
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