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The home-improvement retailer could be a great option for investors looking for passive income.
Lowe's (LOW -0.04%) is sustaining the momentum as consumer spending on home improvement stays strong. The brick-and-mortar retailer reported no significant slowdown during its third-quarter earnings announcement.
Stock prices used were the afternoon prices of Nov. 16, 2022. The video was published on Nov. 20, 2022.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Lowe's. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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