2024-02-03 09:35:35 ET
Summary
- Owens Corning shares have reached all-time highs due to a focus on ESG, insulation, and the energy transition.
- The company has experienced strong sales growth, margin expansion, and solid capital allocation decisions over the past decade.
- Despite the stock's strong momentum, caution is advised in chasing the shares here after a great momentum run seen already.
Shares of Owens Corning ( OC ) have risen to fresh all-time highs. A rather stagnant stock and business in the 2010s has really come to life post-pandemic, as it simply has become a better business with a real focus on ESG, insulation and the energy transition....
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For further details see:
Owens Corning: A Legacy Building Materials Company Turned Into A Pretty Play