In the past two weeks, Lowe's, Home Depot, Walmart, Target have all given roughly the same guidance. The more uncertain their inputs are, the more naturally conservative they're going to be, says John MacIntosh. CEOs hate disappointing people; you can't observe and make these predictions and throw things out there without fundamentally changing it," he adds.
Lowe's continues a recent trend from major retailers.
(0:20) Bill Mann discusses: - Solid 4th-quarter results from Lowe's being overshadowed by their guidance for the new fiscal year - The fact that some people on Wall Street are still surprised by cautious guidance - The relative attractiveness of Lowe's stock
(10:00) Yasser El-Shimy and Ricky Mulvey share four stocks they bought recently.
Companies discussed: LOW, HD, WMT, TGT, ARHS, ENPH, BIG, MAA
Host: Chris Hill Guests: Bill Mann, Yasser El-Shimy Producer: Ricky Mulvey Engineers: Rick Engdahl, Tim Sparks
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