Jim Cramer’s Game Plan: 17 Stocks in Focus

11. Lowe’s Companies, Inc. (NYSE:LOW)

Number of Hedge Fund Holders: 70

Cramer expressed delight over Lowe’s Companies, Inc.’s (NYSE:LOW) ability to rise steadily and called it a “standup performer”.

“We also hear from Lowe’s, which is always, you know, a horse race with Home Depot, but it’s been a standup performer for years. That stock never soars. It just quietly goes higher. I love that.”

Lowe’s (NYSE:LOW) is a home improvement retailer based in the U.S., providing a diverse selection of products for construction, maintenance, repairs, remodeling, and decoration. As per its full-year outlook for 2024, the company projects total sales to range between $83.0 billion and $83.5 billion.

Lowe’s (NYSE:LOW) expects comparable sales to decline by approximately 3.0% to 3.5% compared to the previous year. Additionally, the company anticipates an adjusted operating income as a percentage of sales (adjusted operating margin) to fall between 12.3% and 12.4%.