As residential property values continue to recover, it should only mean good things for demand for Norcraft's (NCFT)
kitchen and bathroom cabinets. One of the top five cabinetmakers in the
country, and one of the top three in the dealer channel, Norcraft's
sales are leveraged in part to improving remodel and renovation demand
(which is, in turn, leveraged to improving home values). With
experienced management and a tailwind to margins from higher capacity
utilization, Norcraft shares still appear to be priced to offer some
upside to the ongoing housing recovery.
Follow this link for the full article:
More R&R Won't Mean Much Rest For Norcraft
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