Home Improvement Retail to get slaughtered in 2023.
I see a big bear flag that has been building on Lowe's here.
When recession hits peoples' wallets, there will be no interest to improve their homes.
Inventory will be piling up in $HD and $LOW and we'll see stock prices to fall back to pre-pandemic levels.
I see a big bear flag that has been building on Lowe's here.
When recession hits peoples' wallets, there will be no interest to improve their homes.
Inventory will be piling up in $HD and $LOW and we'll see stock prices to fall back to pre-pandemic levels.