Why Owens Corning (OC) is a Top Growth Stock for the Long-Term

Company Overview - Owens Corning is a world leader in building materials systems and composite solutions, established in 1938, and is recognized for its innovation in glass fiber technology [10] - The company's products include glass fiber used in various high-performance markets such as transportation, electronics, marine, infrastructure, wind energy, insulation, and roofing for residential, commercial, and industrial applications [10] Investment Ratings - Owens Corning currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B, indicating a solid position in the market [11] - The company is considered a potential top pick for growth investors, with a Growth Style Score of B, forecasting a year-over-year earnings growth of 6.8% for the current fiscal year [11] Earnings Estimates - One analyst has revised their earnings estimate higher for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.01 to $15.40 per share [11] - Owens Corning has an average earnings surprise of 11.8%, suggesting a positive trend in earnings performance [11] Conclusion - With a solid Zacks Rank and strong Growth and VGM Style Scores, Owens Corning is recommended for investors' consideration [12]