Best Home Improvement Stocks To Watch Now - October 11th

Key Points

• Home Improvement Sector: Home Depot, Lowe's, and Masco are highlighted as key stocks to monitor in the home improvement sector, which is seen as an indicator of consumer spending and housing market health.
• Home Depot Overview: Home Depot is a leading home improvement retailer offering a wide range of products and installation services for home renovations and maintenance.
• Lowe's and Masco Activities: Lowe's provides diverse home improvement products, while Masco focuses on plumbing and building products, serving both the North American and international markets.

Home Depot, Lowe's Companies, and Masco are the three Home Improvement stocks to watch today, according to MarketBeat's stock screener tool. Home improvement stocks are shares of companies that supply products and services for home renovation, repair and enhancement projects—ranging from major retailers and tool manufacturers to building-materials producers and specialty contractors. Investors view this sector as a barometer of consumer spending and housing-market health, since demand for home upgrades often correlates with broader economic and real-estate trends. As cyclical assets, these stocks can rise during periods of strong consumer confidence and dip when discretionary budgets tighten. 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

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

Masco (MAS)

Masco Corporation designs, manufactures, and distributes home improvement and building products in North America, Europe, and internationally. The company's Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, acrylic tubs, shower trays, spas, exercise pools, and fitness systems; brass, copper, and composite plumbing system components; connected water products; thermoplastic solutions, extruded plastic profiles, specialized fabrications, and PEX tubing products; and other non-decorative plumbing products.

Read Our Latest Research Report on MAS