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Owens Corning Inc (OC) [hlAlert]

Rating:
Buy OC
up 57.77 %

Owens Corning Inc (OC) rated Buy with price target $39 by Longbow

Posted on: Monday,  Jun 11, 2012  10:25 AM ET by Longbow

Longbow rated Buy Owens Corning Inc (NYSE: OC) on 06/11/2012, when the stock price was $28.18. Since
then, Owens Corning Inc has gained 57.77% as of 01/11/2016's recent price of $44.46.
If you would have followed this Longbow's recommendation on OC, you would have gained 57.77% of your investment in 1309 days.

Owens Corning is a producer of glass fiber reinforcements and other materials for composites and of residential and commercial building materials. The Company operates within two product categories: composites, which include the Composite Solutions segment and building materials, which includes its insulating systems, roofing and asphalt and other building materials and services reportable segments. The Company?s products range from glass fiber used to reinforce composite materials used in transportation, electronics, marine, wind energy and other high-performance markets to insulation, roofing and manufactured stone veneer used in residential, commercial and industrial applications. On May 1, 2008, the Company sold two composite manufacturing plants in Battice, Belgium and Birkeland, Norway.

Longbow Research is an independent institutional equity research firm based in Cleveland, OH. We provide bottom up fundamental research to over 200 institutional accounts throughout the U.S. and Canada. Our coverage list consists primarily of mid-cap NYSE-listed names, although we also cover a substantial list of small and large cap companies. Our sector focus is on basic materials, industrial, consumer, technology, health care and consumer/business services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/11/2012 10:25 AM Buy
None
28.18 39.00
as of 12/31/2012
1 Week up  0.24 %
1 Month up  6.96 %
3 Months up  10.54 %
1 YTD up  31.26 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/19/2012 9:25 AM Buy
None
37.31 46.00
1/18/2011 10:25 AM Hold
None
32.32
10/28/2010 10:25 AM Buy
None
27.04 33.00
9/20/2010 3:25 PM Buy
None
23.71 35.00
8/5/2010 9:25 AM Buy
None
29.15 40.00
7/22/2010 9:25 AM Buy
None
30.51 42.00
4/29/2010 10:25 AM Buy
None
34.51 41.00
12/17/2009 9:25 AM Hold
None
25.78
10/29/2009 10:25 AM Buy
None
23.17 27.00

(*) Stock Price at the time of the recommendation.
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