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Stifel Nicolaus analyst Michael Widner strikes a cautions tone on homebuilder USG (USG -2.6%),...
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Thursday, March 22, 2012, 12:34 PM ETStifel Nicolaus analyst Michael Widner strikes a cautions tone on homebuilder USG (USG -2.6%), as he projects growth in housing starts of 15%-20%, well-below the rosy forecasts of many industry watchers. He also notes that a warm winter might have boosted housing market stats unnaturally high and tells investors not to become too enamored with major USG-stakeholder Warren Buffett's jawboning on the sector.
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