It's a mixed bag of results. Much of the company's quarterly success has been attributed to higher sales following Hurricane Irene and the company's lower prices. Since Lowe's can't manufacturer natural disasters, and rival Home Depot
Lowe's also recently announced the closure of 20 underperforming U.S. locations and the elimination of 2,000 jobs, including 1,700 middle-management positions. This move leaves a vacuum in markets where rival Home Depot will probably pick up market share, and the company will realize expenses related to the elimination in the short term.
The supercomputer project Cray is undertaking has fringe winners as well. Advanced Micro Devices
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Foolish editor Austin Smith owns shares of Berkshire Hathaway B shares, but no other companies mentioned here. The Motley Fool owns shares of IBM and Berkshire Hathaway. Motley Fool newsletter services have recommended buying shares of Home Depot, NVIDIA, Berkshire Hathaway, and Lowe's and writing covered calls in Lowe's and puts in NVIDIA. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.