According to Zen Score, the 3 best home improvement stocks to buy right now are:
1. Arhaus (NASDAQ:ARHS)
Arhaus (NASDAQ:ARHS) is the top home improvement stock with a Zen Score of 55, which is 23 points higher than the home improvement industry average of 32. It passed 18 out of 33 due diligence checks and has strong fundamentals. Arhaus has seen its stock return 79.83% over the past year, overperforming other home improvement stocks by 48 percentage points.
Arhaus has an average 1 year
price target of $16.63, an upside of 12.33% from Arhaus's current stock price of $14.80.
Arhaus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Arhaus, 50% have issued a Strong Buy rating, 37.5% have issued a Buy, 12.5% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Home Depot (NYSE:HD)
Home Depot (NYSE:HD) is the second best home improvement stock with a Zen Score of 52, which is 20 points higher than the home improvement industry average of 32. It passed 19 out of 38 due diligence checks and has strong fundamentals. Home Depot has seen its stock return 37.2% over the past year, overperforming other home improvement stocks by 5 percentage points.
Home Depot has an average 1 year
price target of $382.77, a downside of -0.81% from Home Depot's current stock price of $385.89.
Home Depot stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Home Depot, 52.94% have issued a Strong Buy rating, 23.53% have issued a Buy, 17.65% have issued a hold, while 5.88% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Haverty Furniture Companies (NYSE:HVT)
Haverty Furniture Companies (NYSE:HVT) is the third best home improvement stock with a Zen Score of 46, which is 14 points higher than the home improvement industry average of 32. It passed 15 out of 38 due diligence checks and has strong fundamentals. Haverty Furniture Companies has seen its stock return 5.69% over the past year, underperforming other home improvement stocks by -26 percentage points.