Best Building Product Stocks To Watch For 2015

Best Building Product Stocks To Watch For 2015: Mohawk Industries Inc. (MHK)

Mohawk Industries, Inc., together with its subsidiaries, engages in the production and sale of floor covering products for residential and commercial applications primarily in the United States and Europe. The company operates through three segments: Mohawk, Dal-Tile, and Unilin. The Mohawk segment designs, manufactures, sources, distributes, and markets floor covering product lines, which include carpets, ceramic tiles, laminates, rugs, carpet pads, hardwood, and resilient. This segment offers its products under the brand names of Mohawk, Aladdin, Mohawk ColorCenters, Mohawk Floorscapes, Portico, Mohawk Home, Bigelow, Durkan, Horizon, Karastan, Lees, and Merit. In addition, this segment markets and distributes its soft and hard surface products through independent floor covering retailers, home centers, mass merchandisers, department stores, commercial dealers, and commercial end users, as well as through private labeling programs. The Dal-Tile segment designs, manufactur es, sources, distributes, and markets a line of ceramic tile, porcelain tile, and natural stone products. This segment offers its products primarily under the Dal-Tile and American Olean brand names through company-owned service centers, independent distributors, home center retailers, tile and flooring retailers, and contractors. The Unilin segment offers laminate and hardwood flooring under the brand names of Quick-Step, Columbia Flooring, Century Flooring, and Universal Flooring through retailers, independent distributors, and home centers. This segment also produces roofing systems, insulation panels, and other wood products. Mohawk Industries, Inc. was founded in 1988 and is headquartered in Calhoun, Georgia.

Advisors' Opinion:

• [By Traders Reserve]

  Mohawk Industries (MHK) is primed to benefit from strength in hou! sing. Even before January this stock was cheap relative to expected profit growth. Today it is 5% cheaper. Analysts expect the company to grow profits by 27% in 2014. At current prices shares trade for 17 times 2014 estimated earnings. Mohawk is an easy January dog to buy during this recent pullback.

• [By Dan Caplinger]

  Facebook certainly took the spotlight in the decision from S&P Dow Jones Indices to include the social media giant in the S&P 500. But lost in the Facebook news was the fact that Alliance Data Systems (NYSE: ADS  ) and Mohawk Industries (NYSE: MHK  ) also gained admission to the prestigious index, while Abercrombie & Fitch (NYSE: ANF  ) , JDS Uniphase (NASDAQ: JDSU  ) , and Teradyne (NYSE: TER  ) made their exit. Let's take a closer look at the other winners and losers in the Facebook index shuffle.

• [By Ben Levisohn]

  Going through his papers, he found a list of stocks that UBS said to buy if Obama won the election in 2012, including the likes of United Rentals (URI) , First Solar (FSLR), Alliant Techsystems (ATK), Alkermes (ALKS) and Mohawk Industries (MHK). And wouldn’t you know it, those stocks have gained 58% this year, compared to the S&P 500′s 27% gain. And just in case you’re wondering, those stocks have also trumped UBS’s Romney basket, which has gained 33%.

• [By Lauren Pollock]

  Carpet-and-flooring company Mohawk Industries Inc.'s(MHK) third-quarter earnings soared 69% and revenue climbed thanks to recent acquisitions.

  Gold producer Newmont Mining Corp.(NEM) posted an 11% increase in third-quarter profit while a reduction in costs and expenses masked a decline in revenue.

source from Top Stocks For 2015:http://www.topstocksblog.com/best-building-product-stocks-to-watch-for-2015.html