3 Home Improvement Stocks to Snag Before They Rebuild and Rocket
The home improvement industry has faced some pretty rough headwinds over the past year. With inflation and high rates taking a toll on consumer budgets, it’s not hard to imagine many big-ticket discretionary purchases are being pushed out into the future, perhaps once rates are far lower. After all, home improvement projects and a new coat of paint on the house aren’t urgent, especially when grocery bills are going through the roof. As inflation and rates settle, perhaps more homeowners will be able to commit to ambitious projects around the home. Additionally, Baby Boomers opting to age in place may be overdue for a kitchen remodel or something of the sort. Either way, the macro landscape could become markedly better from here, especially if the second half of 2024 sees a rate cut or two. Here are three home improvement stocks to buy that could rebuild and recover to prior highs if the next home improvement cycle really is upon us.
https://investorplace.com/2024/06/3-home-improvement-stocks-to-snag-before-they-rebuild-and-rocket/