Due to lingering macroeconomic concerns, the home improvement sector is witnessing a slowdown as buyers put off big purchases. However, the home improvement sector remains well-positioned for long-term growth due to growing disposable income, rising DIY projects, aging housing stock, continued shift to rural and suburban areas, etc.
In this piece, I evaluated two home improvement stocks, The Home Depot, Inc. (HD) and Newell Brands Inc. (NWL), to determine a better investment. I find HD a better pick for the reasons explained throughout this article.
