Improve Trading Results by Selling LOW
Home improvement giant Lowe's (LOW) reported earnings that matched the Value Line's estimate from its Sep. 28 report. It must have exceeded more recent analyst views as the stock was up $2.13, or 6.7%, to $34.18 at midday Monday.
Momentum-oriented short-term trades and short-covering might explain the uptick, but fundamentals don't. A look at the past year's action tells the tale....265 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
