The Latest Breaking News from BLDR

The bear market has been brutal. Given the trend in inflation and weakening economy, it's unlikely to end soon. For investors, the best strategy is to use the adverse market conditions to scoop up stocks that have a long-term history of compounding earnings. Therefore, investors should consider buying Builders FirstSource…

This synthetic long trade gains an equivalent exposure to owning 100 shares for a lower cost.

Slowing home sales due to high mortgage rates has resulted in lower demand for home improvement or remodeling projects. However, with inflation appearing to have peaked, the home improvement industry should rebound soon. Therefore, it could be wise to invest in beaten-down home improvement stocks Arhaus (ARHS), Tile Shop (TTSH),…

Builders FirstSource Inc (NYSE:BLDR) reported first-quarter FY22 sales growth of 36.1% year-on-year to $5.68 billion, beating the consensus of $4.60 billion. Double-digit core organic growth, commodity inflation, and acquisitions drove the top-line growth. The gross profit rose 71.3% to $1.8 billion and the gross profit margin expanded by 670 basis points to 32.3%.…

The home improvement industry has been one of the biggest beneficiaries of the COVID-19 pandemic. Home renovation retailers gained significantly as prolonged indoor stays encouraged people to consider restyling and remodeling their homes. Furthermore, a growing inclination to transform homes and boost living/working comfort continues to propel the industry’s growth.…

The near-term market outlook remains cloudy. While the S&P 500 is about 3% above its late-February lows, the Nasdaq and Russell 2000 have already undercut these levels. Below are 3 such stocks that investors should consider buying during this market correction: Anthem (ANTM), Pfizer (PFE), and Builders FirstSource (BLDR).

Builders FirstSource (NYSE:BLDR) has outperformed the market over the past 5 years by 18.44% on an annualized basis producing an average annual return of 31.57%. Currently, Builders FirstSource has a market capitalization of $11.23 billion.

Builders FirstSource (NYSE:BLDR) has outperformed the market over the past 10 years by 20.67% on an annualized basis producing an average annual return of 33.4%. Currently, Builders FirstSource has a market capitalization of $11.07 billion.

Rising input costs amid deepening supply chain disruptions have been perplexing construction and infrastructure companies of late. However, rising infrastructure activity and increasing investments in the space should drive the industry’s growth. Therefore, we think the stocks of fundamentally sound infrastructure companies Builders FirstSource (BLDR), A. O. Smith (AOS), Axalta…