Jim Kramer says that Lowe’s Companies, Inc. (Low)

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We recently published a list of “We have no idea what will really happen,” says Jim Kramer.. In this article, we will look at the place where Jim Kramer is discussing.

Lowe’s Companies, Inc. (NYSE: LOW), along with Home Depot, a dominant player in the American Home Improvingment. The shares of the company have lost 10 % from the year to its history, as they struggle in a weak market led by high interest rates and pessimistic consumer morale. During the first -quarter profit report in May, Lowe’s Companies, Inc. continued. (NYSE: LOW) in the struggle in the weak environment. He has warned that consumers did not make expensive purchases and this trend may continue in the second quarter. Cramer commented on the broader weakness in the retail sector:

“By the way, the retail group is complete chaos today … Low has decreased. I thought Lua had a good quarter.”

Lowe's Companies, Inc. (Low) "It was a good quarter," Jim Kramer says
Jim Kramer says that Lowe’s Companies, Inc. (Low) “It was a good quarter”

A family browses with enthusiasm through the retailers corridors to improve the home.

Cramer discussed Lowe’s Companies, Inc. (NYSE: LOW) several times this year. Most of these saw him analyzing the company simultaneously with its home warehouse. For example, here is what he said in March:

“Marfin Ellson, go (G) back and forth with him, this was an excellent quarter. In particular, taking into account rates, although prices have decreased a little bit. The lack of rotation in housing that was usually was the main measure because when there is a housing rotation rate, you tend to rehabilitate), you ignore it. Whoever did it yourself.



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