Fortune Brands Home & Security, Inc. FBHS stands to benefit from strength in the U.S. housing market, supported by expected new construction growth and product launches. The company has been witnessing strong momentum in its plumbing business, backed by the growing popularity of its brands. Robust demand for the company’s doors and decking products and strength in its security business are also likely to drive its performance in the coming quarters. For 2021, it expects sales growth of 23-25% on a year-over-year basis, higher than the previously mentioned 20-22%.The company intends to solidify its product portfolio and leverage business opportunities through the addition of assets. In the first half of 2021, it used $5.2 million (net of cash acquired). In December 2020, Fortune Brands acquired LARSON Manufacturing, which has enhanced its outdoor living product offering in the doors and decking market. In the first and second quarters of 2021, the LARSON buyout expanded the Outdoors & Security segment’s sales by 32% and 35%, respectively.Fortune Brands believes in rewarding shareholders handsomely through dividend payments and share buybacks. In the first half of 2021, it paid out dividends of $72 million and bought back shares worth $156 million. In December 2020, it also raised the quarterly dividend rate by 8%. The company’s focus on operational efficiency and cost-control measures might also help it in maintaining a solid margin performance in the quarters ahead.However, escalating costs and expenses pose a major concern. In 2020 and second-quarter 2021, the company’s cost of sales increased 38% and 24%, respectively, on a year-over-year basis. Its selling, general and administrative expenses recorded a year-over-year increase of 43% and 18% in 2020 and second-quarter 2021, respectively.Its high-debt profile is also a major issue. Exiting the second quarter, Fortune Brands’ long-term debt balance was $2,608.3 million, reflecting a 1.4% increase from 2020-end. Any further increase in debt levels can raise the company’s financial obligations and hurt profitability.The company faces stiff competition from several of its peers in the industry like Allegion plc ALLE, American Woodmark Corporation AMWD, and InSinkErator business of Emerson Electric Co. EMR. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Emerson Electric Co. (EMR): Free Stock Analysis Report American Woodmark Corporation (AMWD): Free Stock Analysis Report Fortune Brands Home & Security, Inc. (FBHS): Free Stock Analysis Report Allegion PLC (ALLE): Free Stock Analysis Report To read this article on Zacks.com click here.