It was a bad week for home-improvement stocks-but 2025 could be a good year, Jacob Sonenshine writes in this week’s edition of Barron’s. The SPDR S&P Homebuilders exchange-traded fund, which has Home Depot (HD), Williams-Sonoma (WSM), and Johnson Controls International (JCI) as top holdings, dropped more than 3% this past week after the Federal Reserve lowered interest rates but said it expected fewer cuts in 2025. The selloff seems overdone, the author says, adding that home-improvement demand looks like it’s improving. Lowe’s (LOW) looks particularly interesting, the publication adds.
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