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The Latest Breaking News from Owens Corning

3 Infrastructure Stocks to Buy as Global Spending Soars

The infrastructure industry is poised for an unprecedented boom, presenting a wealth of investment opportunities. With a robust pipeline of projects, substantial funding is now available to address the infrastructure gap. Against this backdrop, Parker-Hannifin (PH), Owens Corning (OC), and Applied Industrial Technologies (AIT) seem buys. Continue to read….

StockNews.com

The 4 areas of your home pros say to always insulate to keep it toasty in colder weather – plus, where to never insulate

Knowing where in your home to insulate is as important as knowing where not to

Homes & Gardens

5 ways to insulate a wall to lower your energy bills and block out noise – and which ones are a mistake to DIY

Pros delve into the different types of wall insulation and ease of installation

Homes & Gardens

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Owens Corning Stock Getting Closer To Key Technical Benchmark

A Relative Strength Rating upgrade for Owens Corning shows improving technical performance. Will it continue?

Investors Business Daily

3 Infrastructure Stocks to Build Your Portfolio in 2024

The infrastructure industry is on a steady rise owing to government investments, the development of cutting-edge infrastructure technology, and renewable energy projects. So, investors could consider adding Johnson Controls (JCI), EMCOR Group (EME), and Owens Corning (OC) to build up their portfolio in 2024. Read more….

StockNews.com

3 Infrastructure Stocks With Strong Buy Ratings

As governments around the world ramp up their infrastructure spending, fundamentally sound infrastructure stocks like Heidelberg Materials (HDELY), Owens Corning (OC), and Griffon Corp. (GFF) have emerged as top picks among investors with Strong Buy ratings. These companies are well-positioned to capitalize on the ongoing infrastructure boom. Read more….

StockNews.com

3 Top-Rated Industrial Stocks for Steady Gains

Fostered by increasing infrastructure development projects, the adoption of Industry 4.0, and rapid urbanization and industrialization, the industrial sector is poised for robust growth. Hence, top industrial stocks EMCOR Group (EME), Owens Corning (OC), and Curtiss-Wright Corporation (CW) with leading market performance, could be ideal buys. Read more.

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3 Industrial Giants Driving Gains

The industrial sector is poised for significant expansion due to increased demand stemming from infrastructure development, domestic manufacturing initiatives, and the adoption of advanced technologies. Therefore, investing in industrial giants like Owens Corning (OC), Smurfit Kappa Group (SMFKY), and Watts Water Technologies (WTS) could help capitalize on the sector’s growth…

StockNews.com

3 Cheap Dividend Stocks to Scoop Up This March

After a second straight losing week for stocks, investors in search of relative safety in the market might want to consider value-priced dividend stocks - like the three income picks we've highlighted here.

Barchart

3 Industrial Stocks Fueling Year-End Gains

The global industrial market demonstrates resilience and growth, fueled by surging demand and industry 4.0 trends. Hence, fundamentally strong industrial stocks Owens Corning (OC), Vontier Corporation (VNT), and Amada Co. (AMDLY) might be solid investments for year-end gains. Read more….

StockNews.com

3 Industrial Stock Buys to Add to Your Portfolio TODAY

As the industrial sector embraces sustainability and tech innovations, its long-term growth appears exceptionally strong. Hence, fundamentally strong industrial stocks Cummins Inc. (CMI), Owens Corning (OC), and Interface, Inc. (TILE) might be added to one’s portfolio now. Read more….

StockNews.com

3 Building Materials Stocks to Help Build Your November Portfolio

Rising expenditure on infrastructure and housing and the growth of sustainable building practices are expected to drive the demand for building materials. Therefore, it could be wise to add fundamentally strong industrial stocks GMS Inc. (GMS), Owens Corning (OC), and CRH plc (CRH) to one’s portfolio. Read more….

StockNews.com

Why Investors Are Buying Up Shares in These 3 Industrial Stocks?

The building materials industry is well-positioned for solid growth, primarily due to the substantial investments to improve infrastructure and the increasing demand for new homes. So, should you add industrial stocks Owens Corning (OC), Apogee Enterprises (APOG), and Quanex Building Products (NX) to your portfolio now? Keep reading.

StockNews.com

Should you Buy into These 3 Industrial Stocks?

Continual development of industries and increased adoption of AI in manufacturing is expected to drive growth in the industrial market. While the industry outlook may seem promising, should one invest in industrial stocks CRH (CRH), Owens Corning (OC), and CEMEX (CX)? Read more to find out.

StockNews.com

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The Materials Stock You Need to Own for Optimal Returns

Building and construction materials leader Owens Corning’s (OC) shares have been soaring in price and look poised to maintain the momentum. Let’s explore the trends of some of the company’s key metrics to understand why this stock could be worth adding to your portfolio. Keep reading.

Investors Business Daily

Owens Corning Stock Outstanding; One Laggard Rating Catching Up

Owens Corning shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

Benzinga

Owens Corning Acquires Spray Foam Manufacturer Natural Polymers

Owens Corning Inc (NYSE:OC) has agreed to acquire Natural Polymers, LLC, a manufacturer of spray polyurethane foam insulation for building and construction applications, based in Cortland, Illinois. Deal terms were not disclosed. Natural Polymers anticipates sales of $100 million in FY22. The company expects to maintain double-digit growth over the next several…

Benzinga

Why BofA Downgrades Homebuilders Owens Corning, Dream Finders Homes

New home demand has deteriorated over the past few weeks due to the spike in mortgage rates, a sharp decline in consumer confidence and the weaker economic growth outlook, according to BofA Securities. BofA On Owens Corning

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Benzinga

Owens Corning Q1 Results Beat Expectations

Owens Corning (NYSE:OC) reported first-quarter FY22 net sales growth of 23% year-over-year to $2.34 billion, beating the consensus of $2.23 billion. Sales by segments: Composites $714 million (+28% Y/Y), Insulation $859 million (+23% Y/Y), and Roofing $838 million (+18% Y/Y). Adjusted EPS was $2.84 (+59% Y/Y), beating the consensus of $2.43. Gross…

Benzinga

Owens Corning Agrees To Acquire WearDeck For Undisclosed Sum

Owens Corning (NYSE:OC) has agreed with JR Plastics Corporation to acquire WearDeck, a composite decking, and structural lumber manufacturer. Deal terms were not disclosed. The acquisition supports OC’s strategy to strengthen its position in building and construction products. WearDeck products offer a durable solution for weather-resistant decking. WearDeck employs about 100 people…

Benzinga

10 Biggest Price Target Changes For Friday

Goldman Sachs reduced the price target on Coinbase Global, Inc. (NASDAQ: COIN) from $250 to $240. Coinbase shares rose 0.2% to $166.50 in pre-market trading.

Benzinga

Wells Fargo Bumps Up Owens Corning Price Target By 7%

Wells Fargo analyst Deepa Raghavan raised the price target on Owens Corning (NYSE:OC) to $105 (an upside of 7.6%) from $98 and maintained an Equal Weight rating on the shares. The analyst believes stock reaction is well deserved. Raghavan says that the shares' outperformance is likely reflective of strong outlooks, in keeping with recent themes…

Benzinga

Owens Corning Stock Surges As Q4 Results Surpass Estimates; Boosts Buyback

Owens Corning (NYSE:OC) reported fourth-quarter FY21 net sales growth of 10.7% year-over-year to $2.13 billion, beating the consensus of $2.04 billion. Sales by segments: Composites $608 million (+11% Y/Y), Insulation $863 million (+19% Y/Y), and Roofing $712 million (+1% Y/Y). Adjusted EPS was $2.20 (+16% Y/Y), beating the consensus of $1.91. The gross margin…

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