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Home Improvement Stocks To Consider - April 30th

Home Depot logo with Retail/Wholesale background
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Key Points

  • MarketBeat's stock screener highlights several home improvement stocks to watch, including Home Depot (HD), Lowe's (LOW), Masco (MAS), Medallion Financial (MFIN), Jewett-Cameron Trading (JCTC), and ToughBuilt Industries (TBLT), which posted the highest dollar trading volume among peers in recent days.
  • These companies span large retailers, manufacturers, suppliers and specialty lenders, with Home Depot and Lowe’s offering broad product assortments plus installation services for things like flooring, windows and HVAC.
  • Home improvement stocks are cyclical and sensitive to housing starts, consumer spending, seasonality and interest-rate-driven mortgage activity, so investors should monitor those macro drivers when evaluating these names.
  • Five stocks we like better than Home Depot.

Home Depot, Lowe's Companies, Masco, Medallion Financial, Jewett-Cameron Trading, and ToughBuilt Industries are the seven Home Improvement stocks to watch today, according to MarketBeat's stock screener tool. Home improvement stocks are shares of companies that sell products or services used to repair, renovate, or maintain homes — including retailers, building-material suppliers, tool and appliance makers, remodelers, and related service providers. For investors, they offer exposure to the housing and consumer-durables cycles and tend to be sensitive to factors such as housing starts, consumer spending, seasonality, and interest-rate-driven mortgage activity. 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

Medallion Financial (MFIN)

Medallion Financial Corp., together with its subsidiaries, operates as a specialty finance company in the United States. It operates in four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Taxi Medallion Lending. The company offers loans that finance consumer purchases of recreational vehicles, boats, and other consumer recreational equipment; consumer financing for window, siding, and roof replacement, swimming pool installations, and other home improvement projects; senior and subordinated loans for the purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and taxi medallion loans to individuals and small to mid-size businesses.

Read Our Latest Research Report on MFIN

Jewett-Cameron Trading (JCTC)

Jewett-Cameron Trading Company Ltd. is a supplier of `Value-added` building materials to major home improvement center chains in the western United States. The Company concentrates on the residential repair and remodeling segment of the building materials industry.

Read Our Latest Research Report on JCTC

ToughBuilt Industries (TBLT)

ToughBuilt Industries, Inc. engages in design, development, manufacture, and distribution of home improvement and construction products for the building industry in the United States and internationally. It offers tool pouches, tool rigs, tool belts and accessories, tools bags, totes, various storage solutions, and office organizers/bags for laptop/tablet/cellphones, etc.; and kneepads.

Read Our Latest Research Report on TBLT

Further Reading

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