Lowe's Companies LOW price chart and fundamentalsNote the flatness of the revenues over the past few years and note how margins have fallen dramatically from their peak. All the while, the market cap has surged to nearly double what you might consider logical to pay for a company with almost zero growth in revenues and a weak position for profitability. Would you pay $49 billion dollars for a company earning 2 billion a year? Technically the chart is rolling over after a long, long, rally. Note the monthly chart above. I already have a short recommendation on this chart on the daily time frame, and I thought it was relevant that LOW has the same lack of revenue growth as Best Buy (BBY). And all the talk about the real estate resurgence has investors all piled into this sector hoping for a profit boom to hit. Thoughts? Comments? Next earnings due? Tim 1:47PM EST, Jan 28, 2014 46.72 last -1.28 today or 2.65%Shortby timwest222
Looking for a pullback on LOWLooking heavy on the weekly chart in my opinion. There is a pennant forming but the MACD and Bollinger bands appear to want some give back before going higher. The trendline support would offer a good buying opportunity for 2013.by Circa910