Lowe’s Is Staging a Comeback for 2024 (Watch Now)

Don’t count Lowe’s out just yet... [Derby City Daily logo] [Derby City Daily logo] Lowe’s Is Staging a Comeback for 2024 (Watch Now) By Andy Swan When something goes wrong at home, you’re either going to Lowe’s (LOW) or you’re going to Home Depot (HD). There aren’t many other options when two companies control an entire market. The home renovation "duopoly” has nurtured a long-standing rivalry between LOW and HD. While they vie for customers, our social media machine gives us an invaluable investing edge: We can see which brand is winning over consumers in real time. And we can use that intel to make winning trades. [As recently as April]( Home Depot had a clear advantage over Lowe’s with consumers, especially in Consumer Happiness. And we’ve got the profits to show for it: [LikeFolio Investor]( subscribers had an opportunity to score a 50% return on HD last year. But the playing field has become particularly treacherous for these home renovation stocks. Mortgage rates are skyrocketing to decade-highs and home sales are dwindling. But as the late great real estate tycoon Louis Glickman once said, "The best investment on earth is earth." Or in this case: home. And America seems to be taking that wisdom to heart. Despite the barrage of macro headwinds facing consumers, home renovation mentions are on the rise again – gaining 12% year-over-year: And recent LikeFolio data now shows Lowe's Consumer Happiness reversing course in a dramatic way – increasing by as much as three points year-over-year. That gives Lowe’s a decided advantage over Home Depot in a key long-term growth indicator. But is it enough to crown a new home renovation market leader for 2024? I sat down to answer that question for you today in a special video update. [Click here to tune in now:]( [Click here to watch now]( [Andy Swan's signature] [Andy Swan's signature] Andy Swan Senior Analyst, Derby City Insights Get Instant Access Click to read these free reports and automatically sign up for research throughout the week. [25 Doomed Blue Chip Stocks]( [The Infinite Income Manifesto]( © 2023 TradeSmith, LLC t/a Derby City Insights. All Rights Reserved. 1125 N. Charles Street, Baltimore, MD 21201 To unsubscribe or change your email preferences, please [click here](. [Terms of Use]( | [Privacy Policy](