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The best performing stocks in the Capital Investment Cos./Nottingham Index of public companies for the week ending March 10 include the state’s two big window companies, which are benefiting from the strong housing market:

Jeld-Wen (JELD)  3.3% – Shares of the Charlotte-based window manufacturer have gained more than 25% since the company’s January initial public offering.

QuintilesIMS  (Q)  3.7% – Profit at the Durham-based clinical research company is expected to gain 14% annually over the next five years, compared with a 23% average increase in the last five years.

Ply Gem (PGEM) 2.8% – The Cary-based window manufacturer earned $75 million in 2016 on revenue of $447 million. Shares have gained 63% in the last year.

The weakest performers:

Babcock & Wilcox Enterprises (BW) (-10.4%) – Shares continued to plunge at Charlotte-based power generation equipment maker and have declined 43% in the last month after reporting lower-then-expected earnings.

Bojangles’ (BOJA) (-9.4%) – Bet you didn’t know the company has a 48-step process to make biscuits. Not enough to impress, with the company’s latest revenue projections proving disappointing to investors.

Culp (CFI)  (-9.8%) – No obvious explanation for the decline in the High Point-based company’s shares. It has gained 19% in the last year.

David Mildenberg
David Mildenberg is editor of Business North Carolina. Reach him at dmildenberg@businessnc.com.
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