At SpeculatingStocks You Can Discover Stocks, Post Anonymously, and React to Posts. Login is Optional.
Watch for Reactions to Your Posts or React Below to Other's Posts. Discover Stocks and Market Data.

September 8, 2008 Stock Pick: PGT, Inc. (PGTI)

Stock Price: $5.02

PGT has pioneered the US impact-resistant window and door industry and is a leader in the manufacturing and supplier of residential impact-resistant windows and doors. PGT is one of the largest window and door manufacturers in the United States.

PGTI is in an industry that we believe could become a hot space as hurricanes continue to strike the US year in and year out. We believe business and home owners are going to start seeing the value in using impact-resistant windows and doors.

PGTI could be a solid trade from its current level. PGTI has stepped up from the $3.00 level to the $4.00 level and now PGTI is sitting at the $5.00 and appears to have solid support and upside potential.

PGTI has a relatively low float and PGTI is 68% held by insiders. PGTI could see a short squeeze with over 600,000 shares short.

Untitled Document