|Day Low/High||166.89 / 172.74|
|52 Wk Low/High||131.90 / 172.96|
Armstrong World, Lennox and Owens Corning are in bull market territory since the election. Masco performs with the market and Vulcan Materials is in correction territory.
Shares of Armstrong World, Lennox, Masco, Owens Corning and Vulcan Materials have mixed performances as recent earnings trumped housing-related demand and potential infrastructure spending.
Armstrong World, Lennox, Masco, Owens Corning and Vulcan Materials are doing better than the homebuilders.
The recovery of the housing market and increased infrastructure spending will help Armstrong World, Lennox, Masco, Owens Corning and Vulcan Materials.
Lennox has formed a base above key support and is ready to move higher.
Combination creates a global oilfield products and equipment company
The recovery of the housing market looks questionable, according to negative weekly charts for Armstrong World, Lennox, Masco, Owens Corning and Vulcan Materials.
A study of analyst recommendations at the major brokerages shows that Lennox International Inc is the #94 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period.
The most recent short interest data has been released for the 09/30/2016 settlement date, which shows a 319,158 share decrease in total short interest for Lennox International Inc , to 2,144,412, a decrease of 12.96% since 09/15/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
Demand for products from Armstrong World, Lennox, Masco, Owens Corning and Vulcan Materials has slowed.
The continued recovery of the housing market depends upon demand for products and services from Armstrong World, Lennox, Masco, Owens Corning and Vulcan Materials. Here's how to trade them.
Trade-Ideas LLC identified Lennox International (LII) as a new lifetime high candidate