Home improvement companies are having a moment.
All around the country people remain locked up at home, staring at the same four walls day in and day out because of the pandemic. The desire to improve one’s home, the need for something new and the sheer monotony of remaining indoors all day have led to a surge of interest among consumers in home improvement projects. Do-it-yourself projects and renovations are on the rise around the country. Companies that can supply customers with everything they need to spruce up their homes are enjoying impressive gains as a result. In fact, all six of the companies on this list have enjoyed tremendous growth over the last few months — and the long-term tailwind of an improving housing market gives all six of these home improvement stocks an excellent opportunity to enjoy impressive returns well into the future.
Home Depot (ticker: HD)