Home Improvement Sector: Home Depot vs. Lowe's

The two companies are “about 90% identical,” notes Oppenheimer analyst Brian Nagel, and both have benefited from improvements in consumer spending and the housing market. Both recently made acquisitions that reflect their growth strategies: Home Depot bought Interline Brands, which sells repair products to property managers, while North Carolina–based Lowe’s absorbed Canadian hardware chain Rona.

 

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