Stock picks to buy, how to invest in home-improvement boom: BofA - Business Insider
"Our survey found that over 70% of respondents have taken on home improvement projects during the outbreak of COVID-19, and plan to do more in the next year," they wrote, adding that Bank of America's credit and debit card spending data back that up.
Each benefits from at least one of four trends: Home improvement, home furnishings, bedding, and online retail.
Price target: $160?
Investment theme: Home improvement.
Source: Bank of America Global Research
Price target: $140
Investment theme: Home improvement
Source: Bank of America Global Research
Price target: $12.50
Investment theme: Home furnishings
Source: Bank of America Global Research
Investment theme: Home furnishings
Source: Bank of America Global Research
Source: Bank of America Global Research
Source: Bank of America Global Research
Source: Bank of America Global Research
Upside to target: 8.4%
Source: Bank of America Global Research