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Promising Home Improvement Stocks To Add to Your Watchlist - September 14th

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Key Points

  • MarketBeat identified five home-improvement stocks to watch: Home Depot, Lowe’s, Masco, Overstock.com (formerly Bed Bath & Beyond), and Medallion Financial, based on their recent dollar trading volume.
  • Home Depot and Lowe’s are major retailers of building materials, appliances, tools, décor, and installation services, while Masco manufactures plumbing and other home-improvement products.
  • Overstock.com provides online access to furniture, décor, bedding, and home-improvement goods; Medallion Financial offers financing for home renovations, including windows, siding, roofs, and pools. Performance across the group may be influenced by housing activity, interest rates, employment, and household income.
  • MarketBeat previews the top five stocks to own by October 1st.

Home Depot, Lowe's Companies, Masco, BED BATH & BEYOND, and Medallion Financial are the five Home Improvement stocks to watch today, according to MarketBeat's stock screener tool. Home improvement stocks are shares of publicly traded companies that sell home renovation products, building materials, tools, appliances, or related services. For investors, these stocks provide exposure to consumer spending on remodeling, maintenance, and construction, and their performance may be influenced by housing activity, interest rates, employment, and household income. 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

BED BATH & BEYOND (NXH)

Overstock.com, Inc. operates as an online retailer in the United States. The company offers furniture, décor, area rug, bedding and bath, home improvement, outdoor, and kitchen and dining items. It provides its products and services through its internet websites comprising overstock.com, o.co, overstock.ca, and overstockgovernment.com.

Read Our Latest Research Report on NXH

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

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