The home improvement industry is booming due to several factors, such as growing homeowner expenditures on home improvement projects, technological advancements, and the popularity of do-it-yourself (DIY) projects fueled by online tutorials and social media platforms.
Given the industry’s tailwinds, investors could consider buying fundamentally sound home stocks The Home Depot, Inc. (HD), ADT Inc. (ADT), and Kingfisher plc (KGFHY), which are trading at a discount compared to their peers.
