Tractor Supply Is the Home Improvement Stock to Buy Now, Analyst Says
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Tractor Supply Is the Home Improvement Stock to Buy Now, Analyst Says

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Roth MKM rates Tractor Supply stock at Buy.

Bernard Park

Home improvement retailers have had a tough 2023, and their coming first-quarter earnings reports might not do much to help the stocks. The picture, however, could brighten as the year goes on, making some stocks worth considering.

HomeDepot

(ticker: HD) and Lowe’s (LOW) are slated to report first-quarter results one week apart, on May 16 and 23, respectively. Consensus calls for both companies’ per-share earnings to dip year over year. Analysts expect Home Depot to deliver earnings of $3.86 a share, down from $4.09 in the first quarter

Buy Tools for Home Improvement or Rent Them?  Here’s How to Decide
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Buy Tools for Home Improvement or Rent Them? Here’s How to Decide

Now that we’re deep in the throes of home improvement season, many people will inevitably face a big dilemma — deciding to rent tools versus buy them. Renting tools for maintenance, home improvements, and repair projects could end up being more cost-effective than purchasing them outright, but that’s not always the case.

And also, there are factors to consider beyond just cost. Ask yourself these questions to see what makes the most sense.

1. How many times will I use it?

Renting a tool might result in a lower credit card tab than buying it. But if you’re going to