1305 ET - Home Depot and Lowe's are set to generate above-average growth, benefiting from either--or both--a rebound in the home improvement cycle or continued share gains, UBS analysts say in a note. The home improvement market could start to recover even as rates remain steady, since deferred projects eventually move from discretionary to essential, the analysts say. The stocks will also get a boost if the retailers can grow market share across categories they don't currently lead, like decor, as well as in fragmented categories like lighting and plumbing, they say. Such dynamics should help the companies generate average annual growth of about 4%-5% for the next several years, the analysts say. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

June 24, 2025 13:05 ET (17:05 GMT)

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