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Home Improvement Stocks To Add to Your Watchlist - September 11th

Home Depot logo with Retail/Wholesale background

Key Points

  • Home Improvement Stocks: Home Depot, Walmart, and Target are highlighted as key Home Improvement stocks to watch due to their strong trading volume and significance in the home improvement sector.
  • Company Profiles: Home Depot focuses on various home improvement products and installation services, while Walmart operates a diverse range of retail formats and eCommerce platforms, and Target offers general merchandise across multiple product categories.
  • Market Indicators: These home improvement stocks are often viewed as indicators of consumer spending trends in housing and DIY projects, making them noteworthy to investors.
  • Five stocks to consider instead of Home Depot.

Home Depot, Walmart, and Target 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 revolve around the manufacturing, distribution or retailing of products and services for residential construction, renovation and maintenance. Examples include home centers, hardware retailers, building‐materials suppliers and manufacturers of fixtures, appliances or tools. Investors often view these stocks as proxies for consumer spending on housing and DIY projects. 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

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

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