The recent tick higher in interest rates has some worrying over ongoing recovery in home building and construction spending. But, with rates still near historical lows and inventory still tight, opportunity remains for building suppliers like Simpson Manufacturing (SSD), a maker of metal connectors for stick built construction and specialty concrete products.
Simpson has been scoring higher in the research conducted by my firm, E.B. Capital Markets, LLC, suggesting it's a good time to look at the catalysts likely to move the stock over the coming year.
Source: E.B. Capital Markets, LLC
After reviewing the company's SEC filings, earnings reports, transcripts and marketing material, Simpson is positioned to benefit from increasingly stringent building codes and ongoing recovery in...