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Frontdoor (FTDR) could benefit from the ongoing heatwave in the United States, with a heat advisory impacting half of the population. The company offers subscription-based home warranties to ensure that household appliances function at all times in exchange for regular payments and a network of 17,000 independent contractors. Due to the recent high inflation, regular maintenance and repairs are preferred over expensive replacements. In addition to home warranties, the HVAC upgrade program launched in 2023 is driving 23% growth in the non-warranty...
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