The Bull Market in These Stocks Continues

Today’s chart highlights the long-term uptrend of two “fixer upper” stocks…

DailyWealth readers know we like to check in on many sectors to see what’s happening in the U.S. economy. Recently, we noted positive shows of strength coming from both the shipping industry and America’s top financial firms. Now, we’re revisiting two major players in the homebuilding sector…

We’re talking about the giants of the home-improvement market, Home Depot (HD) and Lowe’s (LOW).

Together, these companies cater to “do it yourself” types by providing a one-stop shop for tools, accessories, and homebuilding supplies.

When fixer-upper stocks are doing well, it’s a sign folks are eager to splurge on renovations.

In the latest quarter, both companies beat analysts’ earnings expectations… with Home Depot delivering blockbuster sales growth.

As you can see below, these stocks have been in near-identical uptrends.

HD and LOW each soared more than 60% over the past two years, and both recently hit new multiyear highs. It’s another sign the U.S. economy is going strong…

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Source: Daily Wealth’s Market Notes