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Top Home Improvement Stocks To Watch Now - May 1st

Home Depot logo with Retail/Wholesale background
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Key Points

  • Home Depot, Lowe's, and Masco are MarketBeat’s top home improvement stocks to watch, selected because they had the highest dollar trading volume among peers in recent days.
  • Home improvement stocks are cyclical and sensitive to interest rates, housing starts, and DIY trends, so these names can act as gauges of housing-market health and consumer spending.
  • Operationally, Home Depot and Lowe's are major retailers offering products and installation services, while Masco focuses on designing and manufacturing 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 supplying products or services for renovating, repairing, or upgrading homes — including home improvement retailers, building-material manufacturers, tool makers, and remodeling contractors. Investors watch these stocks as a gauge of housing-market health and consumer spending because their revenues are often cyclical and sensitive to interest rates, housing starts, and DIY trends. 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

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