2024-06-10 05:03:00 ET
There are plenty of direct ways to invest in the housing market , such as homebuilders or residential construction companies. On the other hand, home improvement companies like Home Depot or Lowe's (NYSE: LOW) -- or a paint supplier like Sherwin-Williams -- indirectly benefit from strong consumer spending.
Luxury homebuilder Toll Brothers (NYSE: TOL) is a direct way to play a supply/demand balance in housing. Whirlpool (NYSE: WHR) makes appliances and benefits from home sales and discretionary spending. And Lowe's stands out as a great value.
Here's why all three dividend stocks are excellent choices if you think spending on housing and home improvement is ready to rebound.
For further details see:
3 Dividend Stocks That Are Coiled Springs for a Rebound in the Housing Market