3 Wood Stocks Worth Watching Despite a Challenging Industry
JELDJELD-WEN(JELD) ZACKS·2024-08-10 01:55

Spending on home repair and remodel (R&R) activities has decreased from the peaks seen during the pandemic, given high rates. The surge in interest rates has resulted in a substantial number of potential homebuyers being unable to afford properties in the U.S. housing market. This, in turn, has created challenging demand conditions for companies within the Zacks Building Products – Wood industry. Nonetheless, there remains a persistent need for investment in critical replacements, addressing home performanc ...