Market Ignores That Lowe's Yields More Than Home Depot
After recent Q2 earnings reports, the market was impressed with the talk from Home Depot (HD) management and disappointed with Lowe's (LOW). According to most analysts including Mad Money host Jim Cramer, HD is winning the home improvement market. Click here to see the video where Cramer breaks down the two companies.
It's very difficult to argue with Cramer or any other Wall Street experts. Sure investors can spends hours researching the stores, but ultimately both are great companies. Consumers tend to shop at the closest store and HD is restructuring so the better results at HD might just be a bounce back from lackluster results previously.