Howden Joinery Group PLC

The housing market will drag Britain’s biggest kitchen supplier down with it. But through the turmoil, the firm will...

The housing market will drag Britain’s biggest kitchen supplier down with it. But through the turmoil, the firm will expand its market share and prove more resilient than analysts expect. I rate it a Buy as traders have baked maximum pessimism into the price, offering us a 13% internal rate of return (IRR) with a 50% upside.

Summary

• Company name: Howden J…