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Amazon Clobbers Lowes and Home Depot With Sears Deal – Adjusting My Trades – July 20 2017

The partnership between Sears Holding (SHLD) and Amazon (AMZN) could hurt the bottom line of the big two home improvement companies, Lowes (LOW) and Home Depot (HD). Lowes stock is down 5.5% and Home Depot is down 4.5% on the news.

Lowes and Home Depot were thought by...