Promising Construction Stocks To Watch Now - October 5th

Key Points

• Caterpillar, Lowe's, and Watsco are highlighted as the top construction stocks to watch, showing high trading volumes recently due to their relevance in the construction sector as economic indicators.
• Caterpillar Inc. manufactures construction and mining equipment, while Lowe's specializes in home improvement retail, and Watsco distributes heating and air conditioning equipment.

Caterpillar, Lowe's Companies, and Watsco are the three Construction stocks to watch today, according to MarketBeat's stock screener tool. Construction stocks are shares of companies involved in building and maintaining infrastructure, residential and commercial properties, and supplying materials or equipment for those projects. They often show cyclical performance that correlates with economic growth, interest rates, and real estate demand. Investors include them in portfolios to gain exposure to—or hedge against—shifts in the construction sector and broader economy. 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

Watsco (WSO)

Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, refrigeration equipment, and related parts and supplies in the United States and internationally. The company distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.

Read Our Latest Research Report on WSO

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