Company Insiders Are Buying Home Improvement Stocks
For the last few months, shares of home improvement stocks have been under pressure. Weakness in the housing market, driven by and higher material costs, was a main catalyst. But there are several reasons to believe that the home improvement sector is poised for growth, and an opportunity for investors. First, some analysts think that the weakness in housing stocks is overdone, and the lower end of the housing market remains undersupplied. Second, despite rising interest rates, the U.S. economy is still strong with low unemployment and ...
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