Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Headwaters Still Building For The Housing Recovery

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...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details