Home Improvement Stocks To Consider - October 24th

Key Points

• Home Depot, Lowe's Companies, and Masco are highlighted as the top three home improvement stocks to watch according to MarketBeat's recent stock screener data.
• Home improvement stocks are generally considered cyclical investments that perform well with increasing housing demand and consumer spending.
• Investors should evaluate these stocks based on their trading volume, which was notably high in recent days, indicating growing interest.

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 whose primary business is selling products or providing services for residential renovation, repair, and maintenance — including retailers (home centers), building-material manufacturers, appliance and fixture makers, and remodeling contractors. Investors treat them as cyclical plays tied to housing activity, consumer spending, and interest rates, so their performance often rises with stronger housing demand and falls during downturns. 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