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Mad Money Spotlight: Lowe's Earnings Call

Stock quotes in this article: LOW , HD , SMG , SHW  

The housing market is in a turnover phase, where home sales increase as bargain hunters swoop in to nab deals, Lowe's(LOW Quote) CEO said during its conference call on Monday.

What should investors buy during this phase? Just take a look at Lowe's earnings results for the answer.

While the home furnishing retailer posted a 22% decline in first-quarter earnings, they were well ahead of analysts' forecast, as consumers look to spruce up their homes for the inevitable turnover. ...

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