Thread regarding Lowe's (LOW)

I’m in the market for buying a good dividend stock to add to my portfolio and Lowe's was definitely a stock that crossed my mind multiple times.
A good dividend tradition is definitely a big plus in my book, but I think the stock is overvalued and that a drop in stock value is something that could come sooner rather than later. I would rather go with a cheaper stock with an easily good dividend tradition. Has anyone else passed on Lowe’s for the same reasons?