Validea's Top 5 Consumer Discretionary Stocks Based On Martin Zweig - 6/8/2023
Nasdaq The following are the top rated Consumer Discretionary stocks according to Validea's Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt.
INSTALLED BUILDING PRODUCTS INC (IBP) is a mid-cap value stock in the Construction Services industry. The rating according to our strategy based on Martin Zweig is 77% based on the firms underlying fundamentals and the stocks valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Installed Building Products, Inc. is a residential insulation installer and a diversified installer of complementary building products. The Company's building products include waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products for residential and commercial builders. Its segments include Installation, Distribution and Manufacturing. Its Installation segment is engaged in the installation of various products in the residential new construction, repair and remodel and commercial construction end markets from its national network of branch locations. Its Distribution segment sells insulation, gutters and accessories primarily to installers of these products who operate in multiple end markets. Its Manufacturing segment consists of its cellulose insulation manufacturing operations. The Company operates over 230 branch locations serving all 48 continental states and the District of Columbia.