From Yahoo Finance: 2025-06-07 14:39:00

QXO, Inc. (NYSE:QXO) surged 13.43% to $19 per share on Friday after a bullish rating and higher price target from Wolfe Research. The company is focused on modern building products like electrochromic glass panels. Wolfe Research sees QXO doubling its organic EBITDA in the next five years with strategic acquisitions. In April, QXO acquired Beacon Roofing Supply, making it the largest distributor of roofing materials in the US. QXO ranks 5th on Friday’s best-performing stocks list, but some AI stocks may offer higher returns with less risk.

Read more: Why QXO, Inc. (QXO) Soared On Friday