LONDON, March 4, 2013 /PRNewswire/ --
Building materials companies benefited from an improved construction activity in 2012. The trend is expected to continue in 2013, with construction spending continuing to show signs of improvement. Construction activity is also expected to pick up in China where the economy is once again picking up pace. Europe remains a worry, though, for building materials companies such as Masco Corporation (NYSE: MAS), Fastenal Company (NASDAQ: FAST), USG Corporation (NYSE: USG) and Headwaters Inc. (NYSE: HW). On Friday, building materials stocks finished on a mixed note even as the broad market gained. StockCall reviewed the solar industry and chose MAS FAST USG and HW for its technical coverage. These free reports can be seen for free at
Shares of Masco Corporation ended marginally lower in Friday's trading session. The stock closed 0.21% lower at $19.22 on volume of 4.11 million. For the week, the stock rose nearly 1.60%. The company's shares have had an excellent run this year, gaining more than 15%, compared to a gain of over 6% for the S&P 500. Masco's shares are currently facing resistance at around $19.50. The stock has support at $18.50. Shares are currently trading above their 50-day and 200-day moving averages, which is a bullish signal. Download the free research on MAS by signing up now at
Shares of Fastenal Company edged higher in Friday's trading session. The stock closed 0.21% higher at $51.74 on volume of 1.73 million. Fastenal's shares rose to an intra-day high of $52.14 on Friday before paring some of the gains. The stock has been facing resistance at around $52.50 at the moment. It has support at $51. The MACD chart for Fastenal is currently giving bearish signals. Year-to-date, the company shares have gained nearly 11%, outperforming the S&P 500. Register for today's free analysis on FAST at
Shares of USG Corp. fell in Friday's trading session; however, the losses were limited. The stock closed 0.43% lower at $28.10 on volume of 1.11 million. For the week, USG's shares gained more than 1%, compared to a gain of 0.17% for the S&P 500. The stock, however, has underperformed the S&P 500 this year. Year-to-date, the stock has gained 0.11%, compared to a gain of 6.45% for the S&P 500. The company's shares are currently trading below their 50-day and 200-day moving averages, which is a bearish signal. The bearish trend is further confirmed by the MACD chart. The stock's MACD is currently trading below the signal line and the zero-line. A free report on USG can be accessed by registering at
Shares of Headwaters Inc. edged higher in Friday's trading session, extending its gains for the week. The stock closed 0.85% higher at $9.49 in the last session of the previous week, with volume at around half of the daily average of 1.30 million. For the whole of last week, Headwaters Inc. shares gained nearly 3%, outperforming the broad market. The stock has outperformed the broad market for the year as well, gaining nearly 11%. Headwaters Inc. shares are currently facing resistance at around $9.75. The stock has support at $9.25. It is currently trading above its 50-day and 200-day moving averages, which is a bullish signal. Register with StockCall and download the research on HW for free at
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
©2012 PR Newswire. All Rights Reserved.