Home Improvement Stocks Rebound as Gold and Bitcoin Gain Traction
Home improvement stocks are gaining traction as Gold and Bitcoin experience rebounds in their respective markets. According to MarketBeat's stock screener tool, seven Home Improvement stocks to watch today include Home Depot (HD), Lowe's Companies (LOW), Masco (MAS), BED BATH & BEYOND (NXH), Medallion Financial (MFIN), Jewett-Cameron Trading (JCTC), and ToughBuilt Industries (TBLT). These companies offer a range of products and services related to home renovation, repair, and maintenance.
Home Depot, the largest home improvement retailer in the US, operates as a leading provider of building materials, home improvement products, lawn and garden products, and décor. Lowe's Companies is another major player in the industry, offering a wide range of products for construction, maintenance, repair, remodeling, and decorating.
Masco Corporation designs and manufactures home improvement and building products, including plumbing fixtures, cabinets, and countertops. BED BATH & BEYOND operates as an online retailer, offering furniture, décor, area rugs, bedding, and bath items. Medallion Financial Corp. provides specialty finance services for consumer purchases of recreational vehicles, boats, and other equipment.
MarketBeat's top analysts recommend these five stocks as better buys than Home Depot, which currently has a Moderate Buy rating among analysts. The analysts believe that investors should consider these high-yield dividend stocks in uncertain markets.