Yes, Lowe's was pounded yesterday in the market. The main culprit appears to be their shrinking gross margins. On the positive side, same store sales increased 4.1% while the GNP is only increasing at less than 3%.
I established a position in INTC in 2012 and 2013. The market was pricing INTC like it was going "the way of the Dodo bird". The trailing PE was a very modest 10. Yes...10
