The rising demand for customization, accelerated urbanization, and the widespread popularity of the D-I-Y (Do it Yourself) concept are boosting the home improvement market. So, investors could buy quality home improvement stocks Kingfisher plc (KGFHY), Acuity Brands, Inc. (AYI), and Alarm.com Holdings, Inc. (ALRM).
As 2023 concluded, consumers exhibited a notable surge in confidence, with optimism restored for the upcoming year. The Conference Board Consumer Confidence Index rose to 110.7 in December, marking an increase from the downwardly revised 101 recorded in November, suggesting a positive outlook among consumers.
