Below is a note written by CEO Keith McCullough on why we're adding Owens Corning (OC) to the long side of Investing Ideas today:
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"Looking for more ways to be long of US Housing (ITB) and Falling Interest Rates as US #InflationSlows (i.e. the research call we made back in late SEP when consensus thought rates were heading higher and housing doomed because the "charts" looked bad)? One of Jay Van Sciver's Top 3 Long Ideas in terms of ways to play US Housing remains Owens Corning (OC) and it's on sale today. Yep, we like to buy on red ... so that we're not forced to chase on green. It's just a #process thing. KM" |
