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Best Home Improvement Stocks Worth Watching - March 12th

Home Depot logo with Retail/Wholesale background
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Key Points

  • Home Depot (HD), Lowe’s (LOW), and Masco (MAS) are MarketBeat’s top home-improvement stocks to watch today, selected by the site’s stock screener for having the highest recent dollar trading volume.
  • Home-improvement stocks are cyclical and sensitive to housing-market activity, consumer spending, and interest rates, so their performance typically tracks home sales and renovation demand.
  • Home Depot and Lowe’s are large retail chains offering broad product lines and installation services, while Masco is a manufacturer and distributor of plumbing and building products.
  • Interested in Home Depot? Here are five stocks we like better.

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 publicly traded companies whose businesses focus on products and services for renovating, repairing, and maintaining residential properties—such as home-improvement retailers, building-material suppliers, tool and appliance manufacturers, and remodeling contractors. Investors typically treat them as cyclical plays that are sensitive to housing market activity, consumer spending and interest rates, so their performance often correlates with home sales, renovation demand, and economic conditions. 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

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Should You Invest $1,000 in Home Depot Right Now?

Before you consider Home Depot, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Home Depot wasn't on the list.

While Home Depot currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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