Owens Corning (OC) Upgraded to Strong Buy: Here's What You Should Know
Owens ning(OC) zacks.com·2024-05-25 01:01
For Owens Corning, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher. Harnessing the Power of Earnings Estimate Revisions Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. ...