Lowe Foreclosure
Stock Question – Home Depot and Lowes?
Both Home Depot and Lowes are close to their 52 week lows. Home Depot around $25, while Lowes is around $20. How much lower do you think these stocks will go with all these foreclosures?
The forecasted foreclosure rate is expected to almost triple by the end of 2009. The outlook for stocks in the home industry does not look good.
CHICAGO Foreclosures, HUD Owned Home for Sale – 4510 S LOWE AVE, 60609
