The rising demand for customization, accelerated urbanization, and the widespread popularity of advanced smart home technologies are boosting the home improvement market. Given the industry’s rosy prospects, investors could look into fundamentally strong home improvement stocks, MillerKnoll, Inc. (MLKN), Steelcase Inc. (SCS), and Lifetime Brands, Inc. (LCUT), for weekly gains. […]
stocks
Cooling inflationary pressures and strengthening home values are likely to spell a recovery for home improvement retailers sooner rather than later, according to Bank of America. Although the firm’s indicator for the home improvement industry still came in negative for August 2023, the signal ticked up from its July reading. […]
It has paid to be in the home improvement industry. The two industry juggernauts Home Depot (HD 0.52%) and Lowe’s Companies (LOW 0.15%) have crushed the market over the last 30 years as they’ve consolidated the industry from mom-and-pop shops across the country and ridden the U.S. economic tailwind. Combined, […]
Telsey Advisory Group downgraded HD and LOW to “market perform” from “outperform” The shares of home improvement retailers Home Depot Inc (NYSE:HD) and Lowe’s Companies Inc (NYSE:LOW) are taking a hit today, after Telsey Advisory Group downgraded both to “market perform” from “outperform.” The analyst in coverage expects a slow-down […]
There are new signs of a resilient housing market and a home renovation rebirth with potentially bullish implications for three of our Club names. Shares of Stanley Black & Decker (SWK) and Caterpillar (CAT), whose tools and machinery are used in homebuilding, have been on the upswing in recent weeks. […]
Investors are hoping that next week’s Federal Reserve meeting offers more clarity about the path interest rates could take. But even if the Fed pauses their streak of 10 consecutive rate hikes, most expect the higher rates we are living with won’t be unwound overnight. The increases are having their […]
The following are the top rated Consumer Cyclical stocks according to Validea’s Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. POOL CORPORATION (POOL) is a large-cap growth stock in the […]
The following are the top rated Consumer Cyclical stocks according to Validea’s Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability and low debt that trade at reasonable valuations. POOL CORPORATION (POOL) is a large-cap growth stock in the […]
