
The home improvement industry’s prospects appear stable, thanks to rising urbanization and strong consumer spending. Therefore, it could be wise to own fundamentally strong home improvement stocks Alarm.com Holdings, Inc. (ALRM), Hamilton Beach Brands Holding Company (HBB), MillerKnoll, Inc. (MLKN), Steelcase Inc. (SCS) and Lifetime Brands, Inc. (LCUT).These stocks are A (Strong Buy) rated in our POWR Ratings system.
Before delving deeper into their fundamentals, let’s discuss what’s happening in the home improvement industry.