Published on 15 May 2020 on Insider Monkey via Yahoo Finance

Cornerstone Building Brands (CNR) Has Risen 58% in Last One Year, Outperforms Market

If you are looking for the best ideas for your portfolio you may want to consider some of Blue Tower Asset Management's top stock picks. Blue Tower Asset Management, an investment management firm, is bullish on Cornerstone Building Brands Inc. (NYSE:CNR) stock. In its Q2 2019 investor letter – you can download a copy here – the firm discussed its investment thesis on Cornerstone Building Brands Inc. (NYSE:CNR) stock. Cornerstone Building Brands Inc. (NYSE:CNR) designs, manufactures, and markets exterior building products.

On July 20, 2019, Blue Tower Asset Management had released its Q2 2019 investor letter. Cornerstone Building Brands Inc. (NYSE:CNR) stock has posted a return of 58.3% in the trailing one year period, outperforming the S&P 500 Index which returned 17.3% in the same period. This suggests that the investment firm was right in its decision. On a year-to-date basis, Cornerstone Building Brands Inc. (NYSE:CNR) stock has risen by 14.6%.

In Q2 2019 investor letter, Blue Tower Asset Management said the Blue Tower Global Value strategy returned 6.5% in the second quarter of 2019, outperforming the S&P 500 Index which returned 4.3% in the same period. Let’s take a look at comments made by Blue Tower Asset Management about Cornerstone Building Brands Inc. (NYSE:CNR) stock in the Q2 2019 investor letter.