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Is Lowe's Stock a Buy?

Is Lowe's Stock a Buy?

It may seem like a strange time to consider investing in Lowe's (NYSE: LOW). In the company's first fiscal quarter (ended May 1), its same-store sales rose 11.2% and its adjusted earnings per share jumped 45% versus the year-ago period to $1.77. Lowe's posted stronger results despite shorter store hours and higher expenses related to COVID-19.