Investor David Tepper has bought new stocks, including Owens Corning (OC), with an average price target suggesting a 17% upside and a Street high predicting a 57% increase. Wells Fargo maintains an Overweight rating on OC but trimmed the price target due to housing market skepticism in 2026.

Owens Corning (OC) recently reported a 15% increase in its quarterly cash dividend, now at $0.79 per common share, to be distributed on January 21, 2026. The company also promoted José Méndez-Andino to Executive Vice President and Chief Innovation Officer to focus on product innovation.

Founded in 1938 and based in Toledo, Ohio, Owens Corning (OC) offers building products for homes and businesses through four main segments: Roofing, Insulation, Doors, and Composites. The company continues to strengthen its position in the high-quality building products market with innovations.

While OC shows investment potential, certain AI stocks may offer greater upside with less downside risk. Investors looking for an undervalued AI stock can explore opportunities that benefit from Trump-era tariffs and the onshoring trend.

Read more at Yahoo Finance: Wells Fargo Has a Positive Outlook on Owens Corning (OC), Despite a Challenging Housing Market in 2026