Summer is all about sun, sand and construction. With the longer days comes the sights and sounds of pool and patio contractor trucks. Heavy (and small) equipment became a ubiquitous presence in most North American neighborhoods, in an undeniable sign that construction, home renovation and do-it-yourself (DIY) home improvement activities are kicking into high gear.
A pickup in home improvement and homebuilding activity bodes well for home improvement retailers as it pushes demand for their goods and services. Investors interested in capitalizing on the home remodeling activity may consider the following companies and wait for a meaningful pullback to create