Brian Griffin

Armstrong World Industries: A Housing Related Stock with Upside?

I am still long. I'm sorry this stock has fallen 50%. Despite the environment, AWI has outperformed all year long every quarter. It has far more defensive characteristics than USG or other building products companies. Unfortunately, multiples have compressed far more than I thought they would which is great for short positions but not for longs. AWI is still the leader and will be able to manage through a recession/depression and will be stronger when it comes out on the other side. It is one of the few stocks that I still own in this environment because of its margin of safety. Other commenters have different opinions than I, do your own homework! Good luck!

Armstrong World Industries: A Housing Related Stock with Upside?

@bubblebuster - that was quite the comment. unfortunately, i have no response and continue to own AWI