According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best home improvement stocks to buy right now are:
1. Haverty Furniture Companies (NYSE:HVT)
The Component Grade breakdown for Haverty Furniture Companies (NYSE:HVT) is: Value: B, Growth: C, Momentum: D, Sentiment: C, Safety: C, Financials: C, and AI: C.
Haverty Furniture Companies (NYSE:HVT) has a Due Diligence Score of 39, which is 6 points higher than the home improvement industry average of 33.
HVT passed 13 out of 38 due diligence checks and has average fundamentals. Haverty Furniture Companies has seen its stock lose -23.26% over the past year, underperforming other home improvement stocks by -13 percentage points.
2. Lowes Companies (NYSE:LOW)
Lowes Companies (NYSE:LOW) is the #2 top home improvement stock out of 8 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Lowes Companies (NYSE:LOW) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: A, and AI: C.
Lowes Companies (NYSE:LOW) has a Due Diligence Score of 45, which is 12 points higher than the home improvement industry average of 33.
LOW passed 16 out of 38 due diligence checks and has strong fundamentals. Lowes Companies has seen its stock lose -4.23% over the past year, overperforming other home improvement stocks by 6 percentage points.
Lowes Companies has an average 1 year
price target of $265.14, an upside of 22.03% from Lowes Companies's current stock price of $217.27.
Lowes Companies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Lowes Companies, 50% have issued a Strong Buy rating, 21.43% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Home Depot (NYSE:HD)
Home Depot (NYSE:HD) is the #3 top home improvement stock out of 8 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% per year.
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The Component Grade breakdown for Home Depot (NYSE:HD) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Home Depot (NYSE:HD) has a Due Diligence Score of 48, which is 15 points higher than the home improvement industry average of 33.
HD passed 17 out of 38 due diligence checks and has strong fundamentals. Home Depot has seen its stock return 1.95% over the past year, overperforming other home improvement stocks by 12 percentage points.
Home Depot has an average 1 year
price target of $429.00, an upside of 20.96% from Home Depot's current stock price of $354.66.
Home Depot stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Home Depot, 60% have issued a Strong Buy rating, 26.67% have issued a Buy, 13.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.