Should You Forget Home Depot and Buy These 3 Housing-Related Stocks Instead?

It's no secret that Home Depot's (NYSE: HD) prospects are guided by home improvement spending, which is led by the housing market. As such, many investors buy into the stock to play an improving housing market in an environment of, hopefully, lower interest rates. Still, if you are making that assumption, there are plenty of other ways to play the theme, and they offer potentially more upside. Here's a look at why Whirlpool (NYSE: WHR), Stanley Black & Decker (NYSE: SWK), and Owens Corning (NYSE: OC) might be better buys.Home Depot is a fine and worthy stock and trades on a 2.4% dividend yield, which provides some helpful income. It also has an excellent position in its end markets, and the $18.25 billion acquisition of SRS Distribution makes sense as it expands its presence with the residential professional customer. It trades on a price-to-earnings (PE) ratio of 26 times trailing earnings and 23.5 times estimated earnings in 2027. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool