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The Latest Breaking News from Acuity Brands Inc.

1 Home Improvement Stock to Buy Now and 1 to Sell

Despite several headwinds, the spending on home improvement remained healthy last year. Moreover, homeowners could keep spending on home improvement projects this year. To that end, investors could buy fundamentally strong home improvement stock Acuity Brands (AYI). However, avoiding the fundamentally weak stock Bed Bath & Beyond (BBBY) might be…

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3 Retirement Stocks Under $200 to Buy Now

Despite cooling inflation, the Fed’s indication of continuing its hawkish stance and recession concerns could keep the stock market volatile for a while. Against this backdrop, fundamentally sound dividend stocks trading under $200, Johnson & Johnson (JNJ), Archer-Daniels-Midland (ADM), and Acuity Brands (AYI) might be solid buys for investors’ retirement…

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3 Surefire Stocks to Add to Your Portfolio in 2023

With slow wage growth and low unemployment raising hopes of the much-coveted soft landing for the economy, loading up on fundamentally strong and profitable stocks Cisco Systems (CSCO), United Microelectronics (UMC), and Acuity Brands (AYI) could help generate solid returns. Continue reading….

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3 Stocks to Buy Now for Stress-Free Returns in 2023

With the central banks worldwide warning of higher interest rates in coming times, recessionary fears are rising among investors. Amid the uncertainties, we advise investors to invest in fundamentally strong dividend-paying stocks Microsoft (MSFT), Murphy USA (MUSA), and Acuity Brands (AYI) for stress-free returns in 2023. Keep reading.

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3 Stocks That Are Better Buys Than Bed Bath & Beyond This December

Home spending trends have remained robust this year despite uncertain macroeconomic conditions. However, Bed Bath & Beyond (BBBY) has been struggling with declining sales, and analysts are bearish on its near-term prospects. Given this backdrop, we think it could be wise to invest in quality home improvement stocks Lowe’s Companies…

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1 Stock That Could Help Brighten up Your Portfolio

Market-leading industrial technology company Acuity (AYI) mainly focuses on its portfolio expansion through innovation while keeping up with the market trends. It also returns capital to shareholders through share repurchases and consistent dividend payments. Despite the global supply chain issues and uncertain market conditions, the company reported strong financial results…

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1 Home Improvement Stock to Avoid This Summer, and 3 to Buy

The raging inflation is making homeowners uncomfortable investing in home improvement projects. However, analysts see robust growth opportunities for the industry. We think fundamentally weak Floor & Decor (FND) might be best avoided this summer. However, it could be wise to hold quality home improvement stocks Acuity Brands (AYI), Tile…

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3 Mid-Cap Stocks to Buy for Impressive Returns This Year

Investors’ sentiments are improving amid slowing inflation and rising hopes of a slower tightening by the Fed. Moreover, the economy might successfully dodge a recession considering its resilience so far. Here are three fundamentally robust mid-cap stocks, Acuity Brands (AYI), Hugo Boss (BOSSY), and Progress Software (PRGS), which look poised…

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The 2 Best Stocks to Buy in August 2022

While a strong job market and a slight year-over-year decline in inflation last month have stroked renewed optimism on Wall Street, the market volatility may not lessen anytime soon on concerns over the possibility of the Fed maintaining its hawkish stance to bring prices down further. Therefore, undervalued and highly…

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3 Mighty Mid-Cap Stocks to Buy for the Rest of 2022

Despite another decline in GDP, the major indices are expected to post their best month since November 2020. And irrespective of the market volatility, mid-cap stocks are raking in significant gains. Thus, we think it could be wise to scoop up shares of mighty mid-cap stocks Acuity Brands (AYI), Boyd…

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Acuity Brands Turns in Strong Earnings - Buy, Sell, Hold?

Leading industrial technology company Acuity Brands (AYI) surpassed consensus estimates and reported solid growth across its segments in the latest earnings release. However, the stock has declined 9.7% over the past months. So, is it worth buying the stock now? Let’s find out.

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Spruce Up Your Portfolio with These 5 Home Improvement Stocks

The home improvement industry has been one of the biggest beneficiaries of the COVID-19 pandemic. Home renovation retailers gained significantly as prolonged indoor stays encouraged people to consider restyling and remodeling their homes. Furthermore, a growing inclination to transform homes and boost living/working comfort continues to propel the industry’s growth.…

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