Published on 24 May 2024 on Zacks via Yahoo Finance
Builders FirstSource, Inc. (BLDR) Is a Trending Stock: Facts to Know Before Betting on It
Builders FirstSource (BLDR) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this construction supply company have returned -10.2% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Building Products - Retail industry, to which Builders FirstSource belongs, has lost 4.6% over this period. Now the key question is: Where could the stock be headed in the near term?