Owens Corning (NYSE:OC)
CAPS Rating:
A Company is a producer of residential and commercial building materials and glass fiber reinforcements and other similar materials for composite systems.
A Company is a producer of residential and commercial building materials and glass fiber reinforcements and other similar materials for composite systems.
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Profit do to stabilization of inventories by customers. Inventories are largely replenished coupled with weak retail demand for said inventory = another weak year. Q2 will prove bad. I strongly dislike OC at 35 and wont even consider it above 20.