September 8, 2008
SpeculatingStocks.com 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.