QXO, Inc. (NYSE:QXO) is a top pick among stocks under $50 to buy, with Oppenheimer raising its price target to $30 and maintaining an Outperform rating. Benchmark also maintains a Buy rating with a $50 price target, suggesting a potential 112.68% upside. The company recently raised equity, positioning it well for future M&A activity.

QXO, Inc. (NYSE:QXO) is a Connecticut-based distributor of roofing, waterproofing, and building products, catering to contractors, distributors, and suppliers. The company’s stock is touted as a “Best Idea” by Benchmark, with the potential for significant growth through future acquisitions. QXO has secured $3 billion and is well-positioned for its next acquisition target.

Read more at Yahoo Finance: Oppenheimer Bets on QXO, Inc. (QXO)’s M&A Pipeline, Lifts Target