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With the hybrid work culture expected to persist for the foreseeable future, the home improvement industry should grow. According to a Research and Markets report, the global home improvement market is expected to grow at a 5.6% CAGR to $1.98 trillion by 2026.
Therefore, we think home improvement stocks Leslie’s, Inc. (LESL) and GrowGeneration Corp. (GRWG) could be solid additions to one’s watchlist now. Wall Street analysts expect them to rally by 40% or more in price in the near term.