haveittodayray

Why I Sold Lowe's Short

Both Home Depot and Lowes control the Home Improvement Business, people will always remodel their homes, some might delay it for awhile but its evitable. Many of the houses on the foreclosure market will need repairs, thus both will benefit. Their stocks are a great buy for the future under $20 per share and some are below 10 times earnings now, think long term and you will get huge profits.

Home Depot vs. Lowe's: Which is the Better Investment?

Have worked for both companies in a manager position for many, many years. They are almost identical in operation, except Lowe's spends far too much time and effort in Sarbanes Oxley 404 compliance, with the operation side of the business. Home Depot, spends more time and focus on sales. Lowes stores are cleaner, wider ailses and much more easier to shop. They are both good companies, in the final analysis, its the management and employees of each store that make the difference for the customer. Never forget that customer have a choice, and they "vote" everyday where they want to shop at. If you want a customer for a lifetime, then it is necessary to exceed their expectations when they walk through the front door, its really as simple as that. Treat a customer like a guest in your home, roll out the red carpet for them, and they will be a loyal shopper for years to come. In most stores today, your an interruption, they are far too busy, doing tasks, ie, task oriented, rather then customer service oriented. The stores that realize this, will be the growth ones.