Historically, tumultuous times offer some of the best opportunities to buy stocks, and the market's recent mess surely qualifies. Investors are finding it harder to get excited about many stocks, but many think home improvement retailer Lowe's
In our Motley Fool CAPS community, 87% of the 2,238 investors rating the company are bullish, so there's no shortage of reasons why Lowe's will thrive, three of which I've highlighted below.
But here at the Fool, we're all for looking at both the good and the bad sides of an investment. Once you're done with this article, you can read the case against the stock, weigh in with your own comments below, or rate Lowe's yourself in CAPS.
Lowe's is the world's second-largest home improvement retailer. In addition to building on its early success in Canada, it's making a move to grow outside of North America, with its sights set on Australia, a market that impressive big-box retailer Costco
2. Solid standing
Some CAPS members believe Lowe's solid financial standing leaves it in good position to pick up market share when the economy recovers. Goldman Sachs says it sees some positive signs for Lowe's and even competitor Home Depot
3. Optimistic outlook
Although the housing market still has many challenges ahead, with homebuilders such as Lennar
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Fool contributor Dave Mock doesn't need any good reasons to eat ice cream in the morning. He doesn't own shares of companies mentioned here. Costco, Home Depot, and Lowe's are Inside Value recommendations. Costco is a Stock Advisor pick, and the Fool owns shares of it. The Fool's disclosure policy still doesn't know quite what to do with a few awkward holiday gifts.