Terrier Investing
Long only, value, hedge fund manager

NCI Building Systems Is Buying Their Stock - Should You Be As Well?

NCI Building Systems (NYSE:NCS) has a strong market share position in several fairly consolidated categories of metal products for nonresidential construction, and as such, I've been following it for a while as part of my basket of potential nonresidential recovery plays. The stock has been too expensive for my tastes for much of the past few years, but with a dramatic sell-off in 2015 despite results that were actually quite good (in my view), it looks a lot more interesting here. The debt level is a turn too high for me to feel safe owning this, but more risk-tolerant investors (or those more bullish than I on the speed and magnitude of the non-residential recovery) might find some

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
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset 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