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Owens Corning Inc (OC) [hlAlert]

Rating:
Strong Buy
OC
up 96.72 %

Owens Corning Inc (OC) rated Strong Buy with price target $31 by CL King

Posted on: Monday,  Dec 22, 2008  9:25 AM ET by CL King

CL King rated Strong Buy Owens Corning Inc (NYSE: OC) on 12/22/2008. Previously CL King rated Buy Owens Corning Inc (NYSE: OC)
on 11/02/2007., when the stock price was $22.60. Since then, Owens Corning Inc has gained 96.73% as of 01/11/2016's recent price of $44.46.
If you would have followed the previous CL King's recommendation on OC, you would have gained 96.72% of your investment in 2992 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.

CL King research analysts "Discover the Uncovered." Our analysts seek out small- and mid-cap companies that may be ignored by other Wall Street research providers, identifying value and growth that may be unrecognized by institutional equity investors. Our goal is to generate superior absolute returns while minimizing downside risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/22/2008 9:25 AM Buy
None
17.87 31.00
as of 12/24/2008
1 Week up  5.02 %
1 Month up  74.07 %
3 Months up  11.69 %
1 YTD down  -2.76 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/28/2008 10:25 AM Buy
None
18.92 33.00
11/2/2007 11:25 AM Buy
None
22.60 40.00

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