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Lowe's is starting to nail it

By Ryan Derousseau @FortuneMagazine May 6, 2013: 8:34 AM ET
ANA20 lowes stock chart
(Fortune)

Warren Koontz, 51, does his best to tune out the noise of Wall Street and instead discern a company's "true value," which he calculates with a heavy emphasis on discounted cash flows. As a co-manager of the $1.6 billion Loomis Sayles Value Fund, he has used this approach to deliver a 9.9% return over 10 years, compared with 7.9% for the S&P 500. One recent target: shares of the "other" home-improvement company, Lowe's.

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