Long Position on MAS @ $26.00 on 8/31/2015 (Fundamentals)

Masco Corporation (MAS) manufactures, distributes, and installs home improvement and building products worldwide.

Its Cabinets and Related Products segment provides cabinetry for kitchen, bath, storage, home office, and home entertainment applications; and kitchen countertops, and integrated bathroom vanity and countertop solutions.

The company’s Plumbing Products segment offers faucets, showerheads, handheld showers, valves, bathing units, and toilets; acrylic tub and shower systems, bath and shower enclosure units, shower trays, and laundry tubs, as well as spas; and brass and copper plumbing system components, and other plumbing specialties.

Its Decorative Architectural Products segment produces architectural coatings, including paints, primers, specialty paint products, stains, and waterproofing products; and cabinet, door, window, and other hardware products.

The company’s Other Specialty Products segment provides vinyl, fiberglass, and aluminum windows and patio doors; and manual and electric staple gun tackers, staples, and other fastening tools. Masco Corporation markets its products under the KRAFTMAID, MERILLAT, MOORES, QUALITY CABINETS, DELTA, PEERLESS, HANSGROHE, AXOR, BRIZO, BRASSTECH, BRISTAN, GINGER, HERITAGE, NEWPORT BRASS, PLUMB SHOP, HOT SPRING, CALDERA, FREEFLOW, MIROLIN, BRASSCRAFT, COBRA, MASTER PLUMBER, BEHRPRO, BEHR, KILZ, LIBERTY, BRAINERD, FRANKLIN BRASS, DECOR BATHWARE, MILGARD, GRIFFIN, PREMIER, and DURAFLEX brands.

The company sells its products to home improvement and new home construction markets through mass merchandisers, hardware stores, home centers, homebuilders, distributors, and other outlets, as well as directly to the consumers.

Shares sold off along with the rest of the market and rebounded above its 200-day moving average. Note that the firm's last quarterly results showed strong results from the firm. Higher share prices are expected for this stock.

52-Weeks Trading Range: $17.43 - $28.59

Entry Point: $26.00

Stop Loss: $24.70

Target Price: $28.60

Updates

10/9/2015 3:03:44 PM

MAS closed at $27.00 after its 30 days expired!

Position closed on 10/9/2015 at price of $27.00 with a 3.85% gain in 39 days.

Back to Portfolio