burcham82's Blog : Lowes LOW - is it time?

Economy is begining to come around, you read it, you see it out in public. Example: my father electric company has starting picking up the pace to a point where he has struggled keeping up. Things are still recovering obviously but there are definate signs of change. So is it time to pick up a company like lowes. People in general are still wanting to save money and do things themselves but certain places should see the turn around first and I believe Lowes could be one of those places.

A week after I put lowes on my watch list I see them show up on Barrons Pick of the week. Brian Nagel has raised his price target for lowes up to $32 which is just about 30% over it current price of $24.50. Take a look and start thinking of those companies which will see the biggest turn around in the next 3-6 months especially it becoming summer time.