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DOOR and LPX are Aggressive Growth Rank Buys
If you were thinking of playing the homebuilders our Aggressive Growth Stock Strategist, Brian Bolan, might have another way getting your money where your heart is. Brian takes a look at Masonite (DOOR - Free Report) and Louisiana Pacific (LPX - Free Report) both of which are Zacks Rank #1 (Strong Buy) stocks that carry a Growth Style Score of “A” and we all know that he is all about that growth! In the discussion with Terry Ruffolo, Brian notes that both of these stocks trade at a reasonable forward earnings multiple and he also looks at the estimate revisions and recent earnings history. Terry brings up the idea of higher interest rates and how they could hurt these stocks, but Brian believes a hike has been mostly priced in and that we should have some good news from these stocks the day before St. Patrick’s Day in form of the new starts numbers.