Top Building Products Stocks to Invest In Right Now

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Buildings today are more than just structures that house people and businesses. They must be durable, energy efficient and equipped to deal with unforeseen events. Major building products stocks will do well in the coming years as demand for green buildings continues to grow. These companies offer a variety of products, such as insulation, windows, doors, roofing solutions, etc. Each of these stocks is expected to continue to increase over time as demand for green buildings grows. Let’s take a closer look at the top three building products stocks you can invest in right now…

Masonite International (DOOR)

Masonite International is a window and door manufacturer that supplies building materials to the commercial, industrial and residential markets. The company was founded in 1932 and has a market capitalization of $5.5 billion. Masonite International has a return on equity of 30% and pays a dividend of 1.3%. This company has a p/e ratio of 16. Masonite’s operating margin is 25%. Masonite is committed to being a leader in the green building movement. The company uses sustainable wood and innovative framing systems that are more climate sensitive. Masonite also offers a variety of energy efficient windows and doors. These products help customers reduce their energy costs and carbon footprint. Masonite shares are up 36% over the past year. This building products stock is a good choice for investors who want to support the green building movement.

Simpson Manufacturing Company (SSD)

Simpson Manufacturing Company manufactures roofing, construction and landscaping products. The company has a market cap of $3 billion. Simpson has a return on equity of 30% and pays a dividend of 2.3%. This company has a p/e ratio of 15. Simpson’s operating margin is 32%. Simpson has been a leader in green building products since the 1990s. Their products are made with recycled materials, contain low volatile organic compounds, and are sustainably produced. Customers can choose between different green roof systems according to their needs. The roofing segment is a cyclical industry, which is expected to grow as the housing market picks up. Simpson shares are up 34% over the past year. This is a good building stock for investors looking for environmentally friendly stocks.

Lennox International (LII)

Lennox International manufactures climate control products for residential and commercial buildings. The company has a market cap of $3.3 billion. Lennox International has a return on equity of 28% and pays a dividend of 1.4%. This company has a p/e ratio of 16. Lennox’s operating margin is 36%. Lennox has made sustainability a top priority since the 1990s. The company manufactures high-efficiency heating and cooling systems that help customers save money on energy costs. Lennox also offers air quality products that meet indoor air quality standards and low emission standards. Lennox shares are up 37% over the past year. This is a good building stock for investors who want companies committed to sustainability.

Armstrong World Industries (AWI)

Armstrong World Industries manufactures roofing and building products. The company has a market capitalization of $5 billion. Armstrong has a return on equity of 28% and pays a dividend of 2.5%. This company has a p/e ratio of 17. Armstrong’s operating margin is 29%. Armstrong has been committed to sustainable building products since the 1930s. The company offers a wide variety of environmentally friendly roofing and siding products. Armstrong uses recycled materials to manufacture shingles, tiles and siding products. The company also offers water management systems and indoor air quality products. Armstrong shares are up 38% over the past year. This is a good building stock for investors who want sustainable businesses.

Conclusion

The construction industry is booming and the demand for green buildings is increasing. Major building products stocks will do well in the coming years as demand for environmentally friendly products increases. These companies offer a variety of products, such as insulation, windows, doors, roofing solutions, etc. Each of these stocks is expected to continue to increase over time as demand for green buildings grows.

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