Published on 17 Oct 2024 on Insider Monkey · via Yahoo Finance
Is TopBuild Corp. (BLD) the Most Profitable Industrial Stock to Invest In?
We recently compiled a list of 8 Most Profitable Industrial Stocks to Invest In. In this article, we will look at where TopBuild Corp. (NYSE:BLD) ranks among the most profitable industrial stocks.
Total US industrial net absorption in H1 2024 came in at 67.1 million square feet, reflecting a significant decline from the historic peak in absorption in 2021, when it was 749.3 million square feet for the year, as per historical data provided by CoStar. However, amidst the uncertainty regarding the economic outlook for H2 2024, the current NAIOP Industrial Space Demand Forecast expects that the national industrial real estate market should continue the trend of positive net absorption.