A home is more than just a roof over our head, it is often our largest investment. As more money has poured into our homes, the home improvement space has grown enormously. Not only do these companies benefit when the economy is good (housing cycle), they also benefit when times are bad as consumers take care of what they have (maintenance cycle). This quality has made these companies increasingly popular among investors.
This Spector™ invests in big retail, tools, and construction companies that support the home improvement industry.
Example Holdings: Lowe’s (LOW), Masco (MAS), Stanley Black & Decker (SWK)