Builders FirstSource stock surged 8.7% due to being considered undervalued by analysts
Builders FirstSource, Inc. (NYSE:BLDR) surged by 8.76% on Tuesday, closing at $126.91 as investors snapped up shares following an analyst’s comment that the stock is undervalued. Zacks Research gave BLDR a “B” grade, stating it is trading at a discount to peers, with a Zacks Rank #3 or “hold” recommendation.
Builders FirstSource is a top supplier of structural building products in the US, with 600 stores in 43 states. While BLDR shows investment potential, other AI stocks may offer higher returns. For an AI stock benefiting from Trump tariffs and onshoring, see the report on the best short-term AI stock.
Investors are advised to consider other AI stocks for potential returns. Visit the articles on the 20 Best AI Stocks to Buy Now and 30 Best Stocks to Buy Now According to Billionaires for more information. Disclosure: None. This article was originally published on Insider Monkey.
Read more at Yahoo Finance: Builders FirstSource (BLDR) Jumps 8.7% as Investors Scoop Up “Undervalued” Stocks