Buy Installed Building Products

By Linda McDonough • June 10, 2016

Move Installed Building Products (NYSE: IBP), a residential insulation company, to your portfolio. A strategy of geographic expansion married with local acquisitions has propelled revenue and earnings well above industry rates.

Our conservative $46 target offers investors 30% upside.

We’ve been digging through a pile of stocks that supply product to home builders to unearth the best values. With many of these stocks hitting 52-week highs, Growth Stock Strategist is being conservative with our targets to account for the discount that “cyclical” stocks typically merit.

Today we’re recommending Installed Building Products but look for more housing related names in the next few weeks. Our $46 target is based on a 24 PE on 2017 earnings which should grow 28%.

Earnings for this insulation and shelving installer quadrupled in the first quarter and are expected to explode 60% this year and 28% in 2017.

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Guest User

06/16/16 ‐ 11:26pm ET June 16, 2016 at 11:26pm ET

Linda,
Thank you for bringing this stock to my attention.

Zakaria Shams

06/23/16 ‐ 5:21pm ET June 23, 2016 at 5:21pm ET

Dear Linda McDonough,

I am writing to let you that I have just joined your Investment Group, and I am still waiting to know about the stock that you talked a lot about that is under $8.00 / share, and is about to explode, as you stated. Please let me know ASAP the name, the ticker of this stock, and its current price.

Hoping to hear from you in the very near future, I thank you.

Sincerely,
Zak Shams

Linda McDonough

06/24/16 ‐ 7:29am ET June 24, 2016 at 7:29am ET

Dear Zak,
Welcome aboard! Thank you for becoming a subscriber. The stock is Lattice Semiconductor (Nasdaq: LSCC). The report can be found under the Resources tab and then under Special Reports. Please send along any questions or comments.
Best,
Linda

Zakaria Shams

06/23/16 ‐ 5:24pm ET June 23, 2016 at 5:24pm ET

Please send me the requested stock info ASAP. Thank you !

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About The Author

Linda McDonough

Bio | Archive

Linda McDonough is a veteran hedge fund analyst who loves to break down company financial statements and identify market inefficiencies to uncover big opportunities. She believes in a boots-on-the-ground approach that includes surveying customers, interviewing company executives, or doing whatever it takes to see what others don't.

She's now brought her experience as a hedge fund analyst to subscribers of her Profit Catalyst Alert service. Her system identifies small- and mid-cap stocks that are about to move due to catalytic events that few others can identify...until it's too late. These events often times result in massive gains for her followers.