
Owens Corning Could Have the Wind at Its Back

By Jim Cramer
About this article:
This could be too dicey for many of you because of fears of residential housing, but the story in The Wall Street Journal today about the Indian wind-turbine firm Suzlon hitting turbulence because of cracking blades should make you run, not walk -- as my pal Dougie Kass likes to say -- to Owens Corning, which makes the strongest blades by far in its composite materials division.
People always misinterpret the pressure and heat that blades have to withstand. A turbine generates a tremendous amount of both. The industry knows this, and OC's order book of composite fiber blades is soaring.
Of course, people are concerned about new housing starts and OC, and I can't blame them. But OC's insulation business is one way to keep heating and air conditioning costs down, and that could play a big role in sales.
The most important thing to remember, though,...

Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.
|
|
|

 |

If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.
|
|
|
|
|
If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.
Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.
If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.
TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.
© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.
|