Masco Corporation (NYSE:MAS) is one of the Best Wide Moat Stocks to Buy According to Wall Street Analysts. On May 14, analyst Susan Maklari of Goldman Sachs maintained a “Buy” rating on the company’s stock, while retaining the price objective of $90.00. The analyst’s rating is backed by the factors that support Masco Corporation (NYSE:MAS)’s capability to ramp up profitable growth over the upcoming years.
The analyst highlighted the company’s strong operational expertise, mainly in plumbing, paint, and wellness. This positions the company to meet 3-year sales, margin, and EPS objectives. Notably, the management’s strategy focuses on using healthy brands, along with product innovation and data-driven initiatives. The expected margin expansion to 18% or higher, backed by operating leverage, structural cost savings, and sustained pricing power, can fuel ~10% EPS CAGR through 2028, expecting only marginal housing recovery.
In a different update, Masco Corporation (NYSE:MAS) highlighted that its industry-leading brands and innovative products, coupled with differentiated capabilities and focused operational execution, position it well to deliver on the strategic objectives.
Masco Corporation (NYSE:MAS) is engaged in offering home improvement and building products.
While we acknowledge the potential of MAS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best FMCG Stocks to Invest In According to Analysts and 11 Best Long-Term Tech Stocks to Buy According to Analysts.
Disclosure: None. Follow Insider Monkey on Google News.