Owens-Corning Stock: Good Value or Recession Red Flag?

A quarterly earnings beat hasn't been enough to reverse the slide in Owens Corning NYSE: OC stock. In midmorning trading the day after the maker of builder and construction materials delivered its second quarter earnings the stock is down just over 10% for the week. Undoubtedly much of this is due to the sharp, market-wide sell-off to start the week. But is this a case of an oversold stock creating a buying opportunity or a red flag for an industry that is highly susceptible to recession pressures? Get Roya ...