- The company's intense M&A activity during 2021 through strategic acquisitions has meaningfully improved its competitive positioning and extensively expanded its market share.
- BFS grew its revenues fast, long before the current housing market boom, confirmed by the 10-year revenue CAGR of 28.44% between 2010-2020.
- BLDR is fairly-valued, and the recent pullback below $70 levels provides an attractive entry point. A target price of $90 is reasonable considering the company's transformation and future growth prospects.
For further details see:
Builders FirstSource: Despite Strong Run, Stock Still Has Lot More Upside Potential