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Promising Home Improvement Stocks To Add to Your Watchlist - April 13th

Home Depot logo with Retail/Wholesale background
Image from MarketBeat Media, LLC.

Key Points

  • Home Depot (HD), Lowe's (LOW) and Masco (MAS) were flagged by MarketBeat's screener as the top home-improvement names to watch after posting the highest dollar trading volume in recent days.
  • The report emphasizes the sector is cyclical and sensitive to housing-market conditions, consumer confidence, interest rates and DIY trends, noting HD and LOW are major retailers with installation services while MAS is a manufacturer of plumbing and building products.
  • Five stocks we like better than Home Depot.

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 or manufacturing products and services for residential repair, renovation, and maintenance—such as home renovator retailers, building-material suppliers, tool and appliance makers, and remodeling contractors. As an investment category, they tend to be cyclical and sensitive to housing-market conditions, consumer confidence, interest rates, and DIY trends, so investors watch those indicators when evaluating risk and growth potential. 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

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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