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Stock impact report

Better Buy: Scotts Miracle-Gro vs. Lowe's [The Motley Fool]

Scotts Miracle-Gro Company (The) (SMG) 
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
There are two factors to consider when looking at Lowe's and Miracle-Gro: recent performance and marijuana. Lowe's ( NYSE:LOW ) is one of the two dominant home improvement stores. Scotts Miracle-Gro ( NYSE:SMG ) makes lawn care products sold at Lowe's. So far, 2018 hasn't been particularly great for either company. That said, recent performance would appear to favor Lowe's as an investment, unless you believe that Scotts' attempts to serve the marijuana market are going to be a long-term winner. Here's some background to help you understand which stock is a better buy for you. Overhauling the place In early July, Lowe's hired a new CEO , Marvin Ellison. He wasted little time revamping the company's leadership team and announcing plans to slim down the business by closing stores. Effectively, Lowe's is refocusing on its core U.S. business as it works to improve performance. Image source: Getty Images. During the third-quarter conference call, Ellison m Show less Read more
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