Home Improvement Stocks To Follow Today - October 23rd

Key Points

• Home Depot, Lowe's Companies, and Masco are highlighted as the top Home Improvement stocks to monitor due to their high trading volumes and sensitivity to the housing market.
• Home improvement stocks are cyclical and influenced by factors such as consumer spending, mortgage rates, and seasonal trends, making them attractive for investors looking to capitalize on home renovation demand.
• Each company offers a range of products and services, from building materials to installation services, underscoring their roles as key players in the home improvement sector.

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 make, distribute, or sell products and services used for renovating, maintaining, or upgrading homes—this includes retailers, building-material manufacturers, tool makers, fixtures and appliance producers, and home‑service contractors. For investors, these stocks are typically cyclical and sensitive to housing-market conditions, consumer spending, mortgage rates, and seasonal trends, and are used to gain exposure to remodeling and home‑maintenance demand. 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