Home Improvement Stocks Worth Watching – January 28th

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 that make, distribute, or sell products and services used in residential renovation and maintenance—such as building materials, tools, appliances, home-furnishings retailers, and specialty contractors. Investors view them as a way to gain exposure to housing activity and renovation demand; their performance tends to track trends in home sales, DIY spending, interest rates, and the broader economy. 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.

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.

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.