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2 Home-Improvement Stocks to Rebuild Your Portfolio


2 Home-Improvement Stocks to Rebuild Your Portfolio

2 Home-Improvement Stocks to Rebuild Your Portfolio
News from msnbc.com:

It’s time to start thinking about home improvement again — both as a homeowner and an investor.

Shares of Lumber Liquidators soared 27% yesterday after posting better-than-expected quarterly results, and this morning Trex is out with a robust report as well.

Lumber Liquidators and Trex aren’t obviously the first names that investors bring up when they think about home improvement. It’s Home Depot — the superstore chain with its army of orange aprons — that the market typically associates with the industry.

However, it’s clear that not all categories across the Home Depot aisles will bounce back at the same time. Home prices appear to be bottoming out, but the first wave of beneficiaries will be the specialists dedicated to sprucing up existing homes. It may take years before real estate developers truly bounce back with new construction. The climate of stable real estate prices, for now, will benefit the companies that offer homeowners simple improvement projects.

Now that there are fewer reasons to fear a mortgage taking a home’s value underwater, it’s easier to justify replacing that shag carpeting in the living room with stylish planks of hardwood or finally making the most of the backyard by replacing that rotting deck.

Hardwood flooring retailer Lumb…………… continues on msnbc.com

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Related News:

Missed Out on the Home Improvement Stock Boom? HD, LOW, LL & BLDR
News from SmallCap Network:

On Thursday, home improvement retailers like The Home Depot (NYSE: HD), Lowe’s Companies (NYSE: LOW), Lumber Liquidators Holdings (NYSE: LL) and Builders FirstSource (NASDAQ: BLDR) were, for the most part, remodeling investor portfolios by producing nice upside gains. Specifically, The Home Depot (HD) rose 3.6%, Lowe’s Companies (LOW) rose 3.91% and Lumber Liquidators Holdings (LL) rose 3% while Builders FirstSource (BLDR) fell 2.63% (but its still up 81.4% since the start of the year). However and while Lumber Liquidators Holdings (LL) and Builders FirstSource (BLDR) have already reported earnings, The Home Depot (HD) and Lowe’s Companies (LOW) have not and both were downgraded last week by Janney Capital based on “valuations, moderating sales trends, the weaker macro backdrop and more difficult comps.” Moreover, Amazon.com (NASDAQ: AMZN) is busy building distribution centers and could decide to make a big push into the home improvement market place while sales of building materials fell 1.6% from May to June. So where do the above home improvement stocks currently leave investors? Here is a quick look to help you decide:

The Home Depot (NYSE:

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