Lowe’s Will Get a Boost From New Board Members

Lowe’s Companies, Inc. (NYSE: LOW) may not need to outperform Home Depot (HD) to generate some impressive long-term gains for investors. On Monday, Bernstein upgraded Lowe’s stock from “underperform” to “outperform,” and analyst Brandon Fletcher says tax cuts, new activist board members and a strong home improvement market are a winning combination for Lowe’s.