Subramanian Sundaram

Owens Corning: Showing Benefits of Move Away from Housing & Into Composites

Owens Corning can benefit a lot from its products in the alternative energy. It makes some high value components that go into windmills. Also it makes energy saving insulation products. This will far outweigh the downside from its reliance on the housing sector. I could not understand why it was dumped today inspite of its good results that has exceeded the analysts' estimates.