Shares of Lowe's (LOW) move 1.1% higher premarket, riding the coattails of a solid earnings...

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

Shares of Lowe's (LOW) move 1.1% higher premarket, riding the coattails of a solid earnings report from rival Home Depot. To some retail analysts it's a curious move with Home Depot now outperforming the company in 12 of the last 14 quarters on comparable store sales without sacrificing margins, but others are pointing to strength in the NAHB Remodeling Market Index as a reason to buy shares.