The Street may have seen some of its enthusiasm for housing-related names fade around mid-year of 2013, but Headwaters (NYSE:HW) management continues to build up its operations to take advantage of what management believes can be a solid long-term opportunity. Better still, Headwaters' recent financial performance relative to other companies exposed to residential construction and remodeling (names like Ply Gem (NYSE:PGEM) and RPM International (NYSE:RPM)) has been pretty good.
Although I wish Headwaters would use less debt to fuel its growth ambitions, I can't deny that the end result could be some very significant growth if or when the housing market really gets moving again. Cash flow-based modeling for these housing/remodeling plays still demands...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|