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Should Passive Income Investors Buy Home Depot Stock Instead of Lowe's Stock?

By Parkev Tatevosian, CFA – Jun 3, 2024 at 10:30AM

The home improvement industry is a large and growing opportunity, with Home Depot and Lowe's at the top.

Fool.com contributor Parkev Tatevosian compares Home Depot (HD +1.43%) and Lowe's (LOW +1.47%) to determine the better dividend stock to buy for passive income investors.

*Stock prices used were the afternoon prices of May 30, 2024. The video was published on June 1, 2024.

About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot. The Motley Fool recommends Lowe's Companies. 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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