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Stockchase Opinions

Jim Cramer - Mad MoneyBuilders FirstSourceBLDRBUYJan 03, 2024

The S&P's #4 stock of 2023, up nearly 160%. It flew under the radar in 2023, but he sees a lot of room for growth (more stores) in 2024. They supply homebuilders to build homes. Outperformed Home Depot and Lowes (those customers cut spending in 2023).

N/A

Stock price when the opinion was issued

$80.57

As of Jun 18, 2026. Market Open.

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BUY

Shares have been climbing because it trades at a ridiculously low PE to Home Depot. Also, BLRD targets professional homebuilders, not amateur DIYers, and the pros are doing well for Home Depot.

BUY ON WEAKNESS

It consolidates in a fragmented industry. Is up 1000% in the past 5 years. Was pressured by rising rates, but shares have rebounded since its last quarter. Rates have flatten and will decline while housing demand is huge.

BUY ON WEAKNESS

Up 99% in the past 6 months. It keeps going up and he can't get in. Are they the next Home Depot or Lowes?

COMMENT
Home builders lately have been hit by supply shortages. They merged with a company to become the leader in building materials. Has popped from $20 last summer to $52 now.