✉news BusinessReal Estate first seen 5 h ago, last 1 h ago, peak #13
Home Depot and Lowe's Hit 52-Week Lows, Analysts Stay Bullish
Original: Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
Home Depot and Lowe's have both fallen to 52-week stock lows amid ongoing weakness in the housing market and home improvement spending. Despite the declines, analysts are largely maintaining their ratings on the two home improvement retailers, suggesting they view the sell-off as temporary rather than a fundamental deterioration in the companies' businesses.
Why now: Investors are watching whether the housing slowdown has created a buying opportunity in beaten-down home improvement stocks.
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1905067