The U.S. Federal Reserve reaffirmed its view that the current 0 – 0.25% target range for the federal funds rate remains appropriate. It cited moderate increases to household spending and business fixed investment along with further improvement in the housing sector; however, net exports have been soft. As rates remain low, businesses and consumers with have continued incentive to spend, and the stocks on our list could benefit the most.
NVR Inc. (NYSE: NVR) – $1,587.50
Homebuilding
NVR, Inc. is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company also operates a mortgage banking and title services business through its wholly-owned subsidiary, NVR Mortgage Finance, Inc. (NVRM).
- Market Cap: $6,396,332,063
- Revenue (LTM): $4,742,022,000
- EV/Revenue: 1.4x
- P/E: 21.0x
>> Read More: 3 REITs That Could Cool as Canada’s Housing Market Overheats
Whirlpool Corp. (NYSE: WHR) – $168.46
Appliances, Tools & Housewares
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures products in 14 countries and markets products in nearly every country across the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. Its principal products are laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers and other portable household appliances.
- Market Cap: $13,180,494,078
- Revenue (LTM): $20,881,000,000
- EV/Revenue: 0.9x
- P/E: 19.8x
>> Read More: 5 Stocks with Robust Prospects, Fed or no Fed
Costco Wholesale Corp. (NASDAQ: COST) – $143.35
Discount Stores
Costco Wholesale Corporation (Costco) is engaged in the operation of membership warehouses in the United States (U.S.) and Puerto Rico, Canada, United Kingdom (U.K.), Mexico, Japan, Australia, Spain, and through majority-owned subsidiaries in Taiwan and Korea. The Company operated 663 membership warehouses and an average warehouse is approximately 144,000 square feet. Its product categories include Food, Sundries, Hardlines, Fresh Food, Softlines, Ancillary and Other. The Company’s online business provides products, which include services such as photo processing, pharmacy, travel, business delivery, and membership services.
- Market Cap: $63,114,822,278
- Revenue (LTM): $115,944,000,000
- EV/Revenue: 0.5x
- P/E: 27.5x
Home Depot Inc. (NYSE: HD) -$118.47
Home Improvement Products & Services Retailers
The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement products and lawn and garden products and provide services. The Home Depot stores average approximately 104,000 square feet of enclosed space, with about 24,000 additional square feet of outside garden area. The Home Depot stores serve three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers.
- Market Cap: $151,293,051,631
- Revenue (LTM): $85,398,000,000
- EV/Revenue: 1.9x
- P/E: 22.9x
