3 Home Improvement Stocks I'd Buy Right Now
Home improvement was one of the biggest gainers during the pandemic, since people couldn't do much outside their homes. Companies that were prepared with diverse ominchannel options had some of their strongest quarters ever. But what happens after the pandemic ends? Home Depot (NYSE: HD), Lowe's (NYSE: LOW), and Williams-Sonoma (NYSE: WSM) all have the power to make their gains last.
Home Depot has shown yet again that there's a reason it scores more sales than its competitors, with $33.5 billion in fourth-quarter sales, a 23% increase over the prior year. Hardware stores were mostly open during the pandemic as essentials retailers, so Home Depot's success wasn't about being the only game in town like Target or Walmart, but about being the trusted brand for many Americans.
Image source: Home Depot.
Source Fool.com
