If you want a Stock Review on LOW, LL, HD, or FND then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. IBISWorld reported that as the US economy continues to strengthen, the Home Improvement Stores industry is well positioned to experience continued growth over the next five years. The number of housing starts is expected to increase, further boosting demand for home improvement supplies. This morning, DailyStockTracker.com recalls the recent performance of Lowe’s Cos. Inc. (NYSE: LOW), Lumber Liquidators Holdings Inc. (NYSE: LL), The Home Depot Inc. (NYSE: HD), and Floor & Decor Holdings Inc. (NYSE: FND). Daily Stock Tracker published free research reports on these stocks today at: http://dailystocktracker.com/register/
Mooresville, North Carolina headquartered Lowe’s Cos. Inc.’s stock rose 0.24%, finishing last Friday’s trading session at $78.23. A total volume of 5.96 million shares was traded. The Company’s shares have gained 7.15% in the last month, 2.84% over the previous three months, and 10.00% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.67% and 0.52%, respectively. Additionally, shares of Lowe’s, which operates as a home improvement company in the US, Canada, and Mexico, have a Relative Strength Index (RSI) of 59.01.
On September 05th, 2017, research firm Bank of America/ Merrill initiated a ‘Buy’ rating on the Company’s stock, with a target price of $95 per share.
On September 13th, 2017, Lowe’s announced that Michael West will join the Company as senior vice president of supply chain field operations, effective September 25th, 2017. Mr. West will report to Chief Supply Chain Officer Brent G. Kirby. He will lead operations for the Company’s regional and flatbed distribution centers, millwork facilities, and bulk distribution centers, driving increased efficiency and flexibility to best meet the needs of customers. See our free and comprehensive research report on LOW at: http://dailystocktracker.com/registration/?symbol=LOW
Lumber Liquidators Holdings
Shares in Toano, Virginia headquartered Lumber Liquidators Holdings Inc. ended at $36.95, down 1.57% from the last trading session. The stock recorded a trading volume of 789,563 shares. The Company’s shares have advanced 4.41% in the past month, 43.38% over the previous three months, and 134.75% since the start of this year. The stock is trading 9.12% and 53.76% above its 50-day and 200-day moving averages, respectively. Moreover, shares of the Company, which together with its subsidiaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories, have an RSI of 54.80. LL free research report is just a click away at: http://dailystocktracker.com/registration/?symbol=LL
On Friday, shares in Atlanta, Georgia-based The Home Depot Inc. recorded a trading volume of 3.58 million shares. The stock rose 0.49%, closing the day at $159.97. The Company’s shares have gained 7.29% in the last one month, 5.72% over the previous three months, and 19.31% on an YTD basis. The stock is trading 4.89% above its 50-day moving average and 8.19% above its 200-day moving average. Additionally, shares of Home Depot, which operates as a home improvement retailer, have an RSI of 67.82.
On September 05th, 2017, research firm Bank of America/ Merrill resumed its ‘Buy’ rating on the Company’s stock, with a target price of $170 per share.
On September 11th, 2017, the Home Depot® Foundation announced an additional commitment of $1 million to support hurricane relief efforts, raising total financial support to $2 million for hurricane aid this season. The Foundation will provide short-term relief and rebuilding efforts in collaboration with several nonprofit partners, including the American Red Cross, Convoy of Hope, Operation Blessing, Team Rubicon, and Rebuilding Together. Sign up for your complimentary report on HD at: http://dailystocktracker.com/registration/?symbol=HD
Floor & Decor Holdings
At the close of trading on Friday, shares in Smyrna, Georgia-based Floor & Decor Holdings Inc. recorded a trading volume of 402,033 shares. The stock finished the session 1.31% higher at $39.52. The Company’s shares have gained 16.78% in the past month and 23.31% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.74% and 4.49%, respectively. Furthermore, shares of Floor & Decor, which operates as a multi-channel specialty retailer of hard surface flooring and related accessories, have an RSI of 60.53.
On September 05th, 2017, research firm Bank of America/ Merrill resumed its ‘Buy’ rating on the Company’s stock, with a target price of $42 per share. Register for free on DailyStockTracker.com and download the latest research report on FND at:
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