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Chasing Value: USG -- A bargain, plain and simple!

I have not written a Chasing Value post for quite a while because I could not find anything to brag about for a couple of weeks, but then I found something hiding in plain sight.

Few things are more plain and simple than drywall. The same can be said for the purity of this stock from a value perspective. I have been watching USG Corp (NYSE: USG) for a while and today I bought it for $52. I should have bought it last week but other priorities prevented it.

Looking at the stock fundamentals I did a double take because it all seems too good to be true. Starting with the following chart, I remind readers that I am not a technical analyst and don't believe in it, however I do look at charts for two features that are best represented graphically and allow you to see the story quickly.

Continue reading Chasing Value: USG -- A bargain, plain and simple!

Symbol Lookup
IndexesChangePrice
DJIA+22.6710,269.64
NASDAQ+9.362,160.44
S&P 500+3.181,096.19

Last updated: November 11, 2009: 11:18 AM

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