Lowe's (LOW -0.9%) has a little internal repair to do before it can take on rival Home Depot,...

|About: Lowe's Companies, Inc. (LOW)|By:, SA News Editor

Lowe's (LOW -0.9%) has a little internal repair to do before it can take on rival Home Depot, writes the WSJ's Justin Lahart. He argues that the company built stores that are on average 13% larger than Home Depot did and had a tendency to saturate areas where the market saw the biggest swings from boom to bust - two counts which makes its lower valuation somewhat logical.