Ford Motor Company (F), Lowe’s Companies, Inc. (LOW), Sherwin-Williams Company (SHW): 3 Stocks to Benefit From Improving Consumer Confidence

For new homeowners, painting instantly gives their new home a look customized to themselves. I expect Sherwin-Williams Company (NYSE:SHW)will continue to benefit from the housing recovery as the demand for paint should be in high correlation with home renovations.

Wrap up

The most recent consumer confidence data bodes well for auto companies that derive a large proportion of their revenue from their truck business segment. While home improvements ticked down slightly during June, the category is up 10% over the last year. I would expect the broad housing recovery to continue as it seems that demand will continue to outpace supply.

Nathaniel Matherson has no position in any stocks mentioned. The Motley Fool recommends Ford, Lowe’s, and Sherwin-Williams. The Motley Fool owns shares of Ford.

The article 3 Stocks to Benefit From Improving Consumer Confidence originally appeared on Fool.com.

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