Industry Overview - Home improvement stocks are closely tied to housing activity, consumer spending, interest rates, and seasonality, making them sensitive to economic cycles and mortgage market conditions [2] - The five notable companies in this sector include Home Depot, Lowe's Companies, Masco, Medallion Financial, and Jewett-Cameron Trading, which had the highest dollar trading volume recently [2] Company Summaries - Home Depot (HD): Operates as a home improvement retailer, selling building materials, home improvement products, lawn and garden products, and offering installation services for various home improvement projects [3] - Lowe's Companies (LOW): Functions as a home improvement retailer, providing products for construction, maintenance, repair, remodeling, and decorating, including appliances, tools, and building materials [4] - Masco (MAS): Designs, manufactures, and distributes home improvement and building products, with a focus on plumbing products such as faucets, showerheads, and other related items [5] - Medallion Financial (MFIN): A specialty finance company operating in segments including Home Improvement Lending, offering loans for home improvement projects like window and roof replacements [6] - Jewett-Cameron Trading (JCTC): Supplies value-added building materials to major home improvement center chains, focusing on the residential repair and remodeling segment [8]
Home Improvement Stocks To Watch Today – January 8th