Home Improvement Stocks Surge as Housing Market Heats Up
MarketBeat's stock screener tool has identified seven home improvement stocks to watch today. These companies are influenced by housing activity, consumer spending, interest rates, and repair and remodeling trends.
The Home Depot (HD) is one of the top home improvement retailers in the United States and internationally, offering a wide range of products including building materials, home improvement products, lawn and garden products, and décor products. The company also offers installation services for various home projects.
Lowe's Companies (LOW) operates as a home improvement retailer in the United States, offering a line of products for construction, maintenance, repair, remodeling, and decorating. Medallion Financial Corp. (MFIN) is a specialty finance company that offers loans to consumers who want to purchase or improve their homes.
Other home improvement stocks on MarketBeat's list include Masco Corporation (MAS), BED BATH & BEYOND (NXH), Jewett-Cameron Trading Company Ltd. (JCTC), and ToughBuilt Industries Inc. (TBLT). These companies are involved in various aspects of the home improvement industry, from manufacturing to retailing.