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Lowe's Stock: Buy, Sell, or Hold?

Lowe's Stock: Buy, Sell, or Hold?

Investors were worried heading into the Q1 earnings update from Lowe's (NYSE: LOW). Lowe's followed its larger peer in reducing its fiscal-year outlook on both the top and bottom lines. Lowe's said its business was hit by the same three challenges that featured prominently in Home Depot's mid-May announcement.