Shares of Universal Forest Products, Inc. (NASDAQ:UFPI) moved higher after the company released strong first quarter 2012 results, which included a 600% earnings surprise, and announced the acquisition of an Alabama-based manufactured housing supplier.
This Zacks #1 Rank (Strong Buy) wood-based construction materials provider is trading around its 52-week high and showing strong momentum.
Upbeat Results and Lucrative Acquisition
On April 19, Universal Forest Products reported an upbeat first-quarter … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards