Despite the macroeconomic and supply-related challenges since last year, the building materials industry is well-positioned for solid growth thanks to the surge in infrastructure projects undertaken by the government and the rising demand for residential housing. Considering these factors, the need for building essentials like roofing, insulation, glass, metals, fenestration services, etc., will remain healthy.
To that end, it could be wise to buy fundamentally strong industrial stocks Owens Corning (OC), Apogee Enterprises, Inc. (APOG), and Quanex Building Products Corporation (NX).
