Hogue identifies Jeld-Wen Holdings as a cheap stock in the industrial sector, trading at a multi-year discount due to housing market weakness. Despite potential near-term pain, the company is profitable and a leader in window and door manufacturing. He believes its financial strength will allow it to survive until the next housing recovery, with a potential 130% return if it reaches previous highs.
“jeld-win is trading for just .23 times sales that's less than half the five-year average valuation now housing isn't likely to turn around to this year so there could be more pain to come but this is a profitable company and a leader in the manufacturing of those windows and doors and while the balance sheet isn't as strong as I'd like to see here with just two billion dollars in debt the company has a financial strength to survive to annexed recovery”