Mohawk Industries, Inc. (NYSE:MHK)
CAPS Rating:
The Company is a carpet and rug manufacturer and is also a manufacturer, marketer and distributor of ceramic tile and natural stone in the United States as well as a producer of laminate flooring in the United States and Europe.
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Fool UK
Recs
1. You do not build new factories if you do not see opportunities
2. Great acquisition in Europ for wood floor (Quickstep - Unilin) means diversification and stronger Eur will mean better profit
3. "Weak housing" market in US is relative : market is slower but is still growing
4. They engaged a friend of mine !-)