Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Materials & Construction industry higher today making it today's featured materials & construction winner. The industry as a whole closed the day up 0.2%. By the end of trading, Owens Corning Incorporated rose 63 cents (1.5%) to $42.16 on average volume. Throughout the day, 1.5 million shares of Owens Corning Incorporated exchanged hands as compared to its average daily volume of 1.4 million shares. The stock ranged in a price between $41.15-$42.16 after having opened the day at $41.27 as compared to the previous trading day's close of $41.53. Other companies within the Materials & Construction industry that increased today were:
), up 9.1%,
), up 7.9%,
), up 5.7%, and
), up 5.7%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
Owens Corning engages in the provision of composite and building materials systems worldwide. It operates in two segments, Composites and Building Materials. Owens Corning Incorporated has a market cap of $4.89 billion and is part of the industrial goods sector. The company has a P/E ratio of 57.4, above the S&P 500 P/E ratio of 17.7. Shares are up 11.8% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Owens Corning Incorporated a buy, no analysts rate it a sell, and five rate it a hold.
TheStreet Ratings rates Owens Corning Incorporated as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.
- You can view the full Owens Corning Ratings Report.
- Use our materials & construction section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider
) while those bearish on the materials & construction industry could consider
- Find other investment ideas from our top rated ETFs lists.
It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE