Lowe's Companies Stock Hits New 52-Week High (LOW)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Lowe's Companies (NYSE: LOW) hit a new 52-week high Tuesday as it is currently trading at $39.41, above its previous 52-week high of $39.26 with 330,591 shares traded as of 9:36 a.m. ET. Average volume has been 10.7 million shares over the past 30 days.

Lowe's Companies has a market cap of $43.9 billion and is part of the services sector and retail industry. Shares are up 9.9% year to date as of the close of trading on Monday.

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer. It offers a range of products for maintenance, repair, remodeling, and home decorating. The company has a P/E ratio of 23.2, above the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Lowe's Companies as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, notable return on equity, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Lowe's Companies Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null

If you liked this article you might like

Irma and Harvey Busted Algos; Probably Done Deals Under Trump: Best of Cramer

Lowe's Predictable Plateaus

These Stocks Pay You to Own Them

Cramer: Dominoes Are in Play Today

Cramer: Irma and Harvey Busted the Algos