Explosive Home Prices Will Help These 2 Stocks in 2022

According to data provided by real-estate brokerage Redfin, housing prices in the U.S. in December jumped 15.2% year over year, continuing a trend sparked by the pandemic. Here's why Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) are two top stocks to look at in light of the current housing environment. "The customers' mindset regarding their home is very straightforward," explained Lowe's CEO Marvin Ellison during the company's fiscal 2021 Q2 earnings call.