Seven Home Improvement Stocks to Watch According to MarketBeat
MarketBeat's stock screener tool has identified seven home improvement stocks that are worth watching right now. These companies, Home Depot (HD), Lowe's Companies (LOW), Masco (MAS), BED BATH & BEYOND (NXH), Medallion Financial (MFIN), Jewett-Cameron Trading (JCTC), and ToughBuilt Industries (TBLT), have seen significant trading volumes recently. These stocks are influenced by various factors, including housing-market conditions, consumer spending, interest rates, home prices, and trends in renovation and remodeling activity.
Home Depot, the largest home improvement retailer in the U.S., offers a wide range of building materials, home improvement products, and installation services. Lowe's, another major player, provides a broad line of products for construction, maintenance, and decorating. Masco designs and manufactures home improvement and building products, while BED BATH & BEYOND operates as an online retailer offering furniture, décor, and home improvement items.
Medallion Financial specializes in consumer financing for home improvement projects, among other services. Jewett-Cameron Trading supplies building materials to major home improvement chains in the western U.S., focusing on residential repair and remodeling. ToughBuilt Industries designs and manufactures home improvement and construction products, including tool pouches, tool belts, and storage solutions.
MarketBeat's analysis suggests these stocks may be attractive for investors looking to capitalize on trends in the home improvement sector. However, it is important to note that these stocks are subject to market volatility and other external factors.