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Best Home Improvement Stocks To Keep An Eye On - August 28th

Walmart logo with Retail/Wholesale background

Key Points

  • The article highlights Walmart, Home Depot, and Target as key home improvement stocks to monitor, with focus on their recent trading activity influenced by the housing market and consumer spending.
  • Home Depot specializes in selling building materials and home improvement products, while also providing a range of installation services.
  • Walmart operates through multiple segments, including eCommerce and supermarket formats, and continues to be a significant player within the retail space despite recent earnings challenges.
  • Want stock alerts on Walmart? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Walmart, Home Depot, and Target are the three Home Improvement stocks to watch today, according to MarketBeat's stock screener tool. Home improvement stocks represent the publicly traded equity of firms involved in producing, distributing and retailing products and services used for residential renovation, repair and maintenance, including building materials, tools, fixtures and appliances. Their performance is closely tied to housing market trends, consumer discretionary spending and macroeconomic factors such as interest rates and employment. These companies had the highest dollar trading volume of any Home Improvement stocks within the last several days.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Read Our Latest Research Report on WMT

Home Depot (HD)

The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.

Read Our Latest Research Report on HD

Target (TGT)

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.

Read Our Latest Research Report on TGT

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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