Floor & Decor Holdings, Inc. Class A FND

Lowe's Companies (LOW) generates free cash flow equal to 6.6% of its market value, against 4.5% for the median S&P 500 company. Counting its debt as part of the price, the yield is 5.0%. A yield that high usually means either a business on sale or one the market expects to shrink. Will its $7 billion of yearly cash keep coming, and its debt stay covered, while do-it-yourself shoppers hold back.

Floor & Decor Holdings (NYSE:FND) announced a new store opening in Fredericksburg, VA, with a grand opening celebration and discounts. The retailer is relocating its Clearwater, FL store and plans to maintain service for customers while shifting to a new site. Both locations will host special events and promotions that are intended to draw local shoppers and highlight product offerings. The Fredericksburg launch and Clearwater relocation are notable developments, but investors should...