The construction industry touches almost every other sector. Its performance indicates where the country is and can be a harbinger for different industries. During a recession, the construction sector is among the first to contract and the last to recover. That’s why it can pay off to invest in the right building product stocks at the right time. The best building products stocks have strong long-term prospects and are likely to outperform during a recession. Whether you’re looking to add new blue-chip stocks to your portfolio or want to know which construction companies are expected to thrive in 2022, this article will help you get started with this list of top construction products stocks you should consider. to buy. soon.
Gibraltar Industries (ROCK)
Gibraltar Industries, Inc. manufactures engineered building products for the residential, commercial and industrial markets. The Company’s products include joists, sheathing, decking, decks, beams, posts, connectors, beams, columns, framing systems and engineered wood products. It also provides engineered wood I-joists, engineered wood joists and trusses for residential and commercial construction; and joists, sheathing, decks, beams, engineered wood trusses, I-joists, joists and wood products for industrial construction as well as hardwood plywood and engineered softwood products for residential and industrial construction. The company sells its products through its direct sales force, independent sales representatives, distributors and regional warehouses. Gibraltar Industries, Inc. was founded in 1956 and is headquartered in Kalamazoo, Michigan.
Masco Corporation, together with its subsidiaries, manufactures and sells building products worldwide. The Company’s Building Materials segment is engaged in the manufacture and sale of roofing materials, windows and synthetic stucco. Its Roofing Materials segment manufactures and sells asphalt shingles, metal roofing, modified bitumen roofing systems, and architectural and industrial roofing systems; and offers maintenance and replacement services for residential and commercial roofs. This segment also sells synthetic stucco and other related products to remodel existing homes and new construction. The Company’s Windows segment manufactures and sells a line of windows, doors and patio products. Its Others segment offers engineered wood products; and sells building materials, including insulation and roofing products, primarily to the residential sector. This segment also manufactures and markets engineered wood products for non-residential construction applications, including engineered wood I-joists, engineered wood beams, engineered wood trusses, engineered wood poles and other components. Masco Corporation was founded in 1909 and is headquartered in Tualatin, Oregon.
FirstSource Builders (BLDR)
Builders FirstSource, Inc. manufactures, distributes and sells engineered wood lumber, I-joists and beams, and other building materials primarily to residential and commercial builders in North America. The Company operates through two segments, building materials and engineered wood products. The Building Materials segment distributes lumber, joinery, siding, roofing materials and other products such as stair parts, shingles, drywall, insulation and other products directly to homebuilders and other customers in the United States. The Engineered Wood Products segment offers joists and I-joists, products used in the construction of single-family homes, manufactured homes and commercial buildings; hardwood plywood, engineered softwood lumber and other related products for the construction of single family homes. Builders FirstSource, Inc. sells its products primarily through a network of distributors and other intermediaries. The company was founded in 2007 and is based in Houston, Texas.
Allegion is a global provider of commercial and residential security, energy management and HVAC solutions. The Company’s Security segment provides integrated security solutions, including access control, video surveillance, intrusion detection and other products and services, to commercial, government, educational and residential customers. Its Energy Solutions segment provides products, including thermostats, energy management systems, smart switches and plugs, as well as monitoring and analytics services, to help customers save money, optimize energy consumption and improve comfort. This segment also provides smart plugs and wireless systems to integrate home appliances with other smart home products. Its HVAC Solutions segment offers commercial and residential HVAC products, including chillers, controls and indoor air quality systems. Allegion PLC was founded in 1968 and is based in Dublin, Ireland.
There are many stocks to choose from when looking for the best building products stocks to buy in 2022. Gibraltar Industries, Inc. is a leader in engineered wood products, and Masco Corporation is the market leader in windows and roofing materials. Builders FirstSource, Inc. distributes lumber and other building materials, and Allegion PLC provides security and HVAC systems for residential and commercial buildings. Investing in these top building products stocks is a great way to profit from the long-term growth of the construction industry.