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Best Home Improvement Stocks To Keep An Eye On - September 9th

Home Depot logo with Retail/Wholesale background

Key Points

  • Home improvement stocks to monitor include Home Depot, Walmart, Lowe's, Target, and Wayfair, indicating strong consumer confidence and activity in the housing sector.
  • Home Depot stands out as a major player, providing a diverse range of products and installation services for home renovation needs.
  • Wayfair features a vast online inventory of approximately thirty million home products, showcasing its role in the e-commerce space for home improvement.
  • MarketBeat previews top five stocks to own in October.

Home Depot, Walmart, Lowe's Companies, Target, and Wayfair are the five Home Improvement stocks to watch today, according to MarketBeat's stock screener tool. Home improvement stocks are shares of companies that manufacture, distribute or sell products and services used in residential renovation, maintenance and remodeling. These companies range from home improvement retailers and building‐materials suppliers to tool and appliance manufacturers. Investors often watch these stocks as indicators of consumer confidence in the housing sector and broader economy. These companies had the highest dollar trading volume of any Home Improvement stocks within the last several days.

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

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

Lowe's Companies (LOW)

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.

Read Our Latest Research Report on LOW

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

Wayfair (W)

Wayfair Inc. provides e-commerce business in the United States and internationally. The company offers approximately thirty million products for the home sector. It offers online selections of furniture, décor, housewares, and home improvement products through its sites consisting of Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional.

Read Our Latest Research Report on W

Further Reading

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