Masco (MAS) is a leading manufacturer of products used in the home improvement and new home construction market. Along with most names tied to residential construction and the housing market, Masco suffered greatly through the housing downturn. Highly levered with debt concerns were justifiably raised about the future of the company. As the market has stabilized, albeit at annual construction levels much lower than those seen prior to the housing crash, Masco has seen a reversal in fortunes. This reversal is seen in both the improving operating metrics for the company, as well in the company's stock price. After touching almost $7 a share in September 2011, the stock has risen by more than 200% in the...
Masco: Fundamentally Strong With Significant Upside Still To Come
Jun 10 2013, 07:00 | about: MAS
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Editor's notes: Having learned its lessons during the crisis, MAS is primed to benefit from the housing recovery. Sector expert Money Investor sees 50% upside.