The home improvement industry is poised for continued growth and expansion in the upcoming years, fueled by the do-it-yourself (DIY) trend and the preference for upgrading existing properties rather than purchasing new ones amid home prices increase. Also, the integration of smart home technologies is one of the key growth drivers.
Given the industry's optimistic outlook, investors could consider investing in quality home goods stocks Acuity Brands, Inc. (AYI), Alarm.com Holdings, Inc. (ALRM), and Steelcase Inc. (SCS) for steady returns.
