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Are Surging Lumber Prices Good or Bad News for Home Depot and Lowes?

Are Surging Lumber Prices Good or Bad News for Home Depot and Lowes?

Lumber prices have been on a wild ride since the pandemic onset. Home improvement retail giants Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) sell a lot of lumber to professionals and do-it-yourselfers. Let's look at Home Depot and Lowe's and see if the recent lumber prices increase is good or bad news.

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