CREDIT SUISSE: There are 3 reasons why an activist investor could be interested in Lowe’s (LOW, HD)
|01/16/2018||Posted by BusinessMediaguide.Com under General World News||
- News that activist investor D.E. Shaw wants a potentially larger stake in Lowe‘s has caused its shares to climb.
- Seth Sigman, an analyst at Credit Suisse, sees additional upside for the home retailer, as there are three things that make the company attractive.
- Relative to its rival Home Depot, Sigman sees Lowe’s as being a formidable investment opportunity.
- Watch shares of Lowe’s trade in real time on Markets Insider.
Investors should not underestimate the appeal of Lowe’s after news that activist investor D. E. Shaw, a quantitative investment firm, has reportedly carved out a larger stake in the company. read more >>>