That's because the stock is flashing two "buy" signals that, if history is any indicator, could mean more record highs are on the horizon. Narrowing the focus a bit, Lowe's stock is also among the best stock's to own the week after Easter. A move of similar proportion from its current perch at $116.80 would have Lowe's stock knocking on the door of the $119 level for the first time ever. Meanwhile, the security's Schaeffer's Volatility Scorecard (SVS) stands at 90 out of a possible 100. Visit SchaeffersResearch.com to discover how you can use stock options to complement your investing portfolio.

Source: Forbes April 16, 2019 17:03 UTC