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Lowes Corporation has grown to be one of the largest home improvement stores in the United States. The company has competed against numerous competitors on the hot penny stocks list. The firm began expanding internationally in order to increase revenues. Stockholders saw the prices of the stocks rise as the firm expanded into Canada and Australia. Lowe’s entered Canada in 2007 and soon opened more than thirty different stores the various provinces. Each of the stores that opened in Canada represents a 20.5 million dollars investment for the firm. Lowe’s and Woolworths Limited entered Australia with a partnership. The firm sold bonds in order to rise funding to expand to Australia. The stores face severe competition against Wesfarmers and Home Depot. The partnership between Lowes and Woolworth Limited is traded on the Australian Securities Exchange. The expansion of Lowes on an international level gives them a competitive advantage against smaller businesses on the hot penny stocks list