Why USG (USG) Stock Is Advancing Today

NEW YORK (TheStreet) -- Shares of USG Corp.  (USG) are up 2.35% to $29.65 following a Barron's article over the weekend which said that "it typically takes a few months before the sound of shovels hitting dirt at a new housing project leads to pay dirt for [the] wallboard maker. The delay, however, bodes well for USG investors, who can expect to see the recent upswing in housing starts reflected in the company's results shortly."

USG, based in Chicago, also makes ceiling tiles and other building products, and "has climbed out of a deep hole since the housing market crashed. But its results have been depressed, as builders remain reticent to ramp up construction. That's created an opportunity," Barron's said.

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TheStreet Ratings team rates USG CORP as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate USG CORP (USG) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins."

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