Promising Construction Stocks To Add to Your Watchlist - October 19th

Key Points

• Five notable construction stocks to watch are Caterpillar, Lowe's Companies, Lennar, D.R. Horton, and Deere & Company, as identified by MarketBeat's stock screener tool.
• These companies have shown the highest trading volume recently and are influenced by factors such as economic growth, interest rates, and government spending.
• Caterpillar's stock has reached an all-time high, indicating positive market sentiment towards this construction equipment manufacturer.

Caterpillar, Lowe's Companies, Lennar, D.R. Horton, and Deere & Company are the five Construction stocks to watch today, according to MarketBeat's stock screener tool. Construction stocks are shares of companies involved in building and related activities, including residential and commercial contractors, infrastructure and engineering firms, and suppliers of materials and construction equipment. They tend to be cyclical and sensitive to economic growth, interest rates, housing demand, and government infrastructure spending, so investors use them to gain exposure to the construction and real estate cycle. These companies had the highest dollar trading volume of any Construction stocks within the last several days.

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Read Our Latest Research Report on CAT

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

Lennar (LEN)

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.

Read Our Latest Research Report on LEN

D.R. Horton (DHI)

D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R.

Read Our Latest Research Report on DHI

Deere & Company (DE)

Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The Agriculture and Turf segment focuses on the distribution and manufacture of a full line of agriculture and turf equipment and related service parts.

Read Our Latest Research Report on DE