Based on my analysis of Lowe's, it appears to be in the same boat, albeit the extent of overvaluation is not as much. It needs to meet a high bar to justify its current price, and investors should wait for a more opportune time to buy.
For the original version including any supplementary images or video, visit http://seekingalpha.com/article/2290933-lowes-is-yet-another-overvalued-home-improvement-retailer
Which Areas Will Spend the Most on Home Improvements This Year? - Money.com
On average, total spending on improvements in a zip code is projected to be about $5.1 million in 2014. The top 5 total-spending zip codes are all in Maryland, Texas, or Illinois.
For the original version including any supplementary images or video, visit http://time.com/money/2914679/which-areas-will-spend-the-most-on-home-improvements-this-year/