Supplying North America's Builders at Scale
Due to it's leveraged nature, I believe $QXO is a great play on real estate rebound. However, hard to see it do well when long end rates are this high.
Yes sir hence it got beaten up of late and likely will remain so.
Rates not the only catalyst tho
Brad Jacobs turning fragmented industries into consolidated giants before makes QXO's building products strategy worth watching closely as it scales.
Due to it's leveraged nature, I believe $QXO is a great play on real estate rebound. However, hard to see it do well when long end rates are this high.
Yes sir hence it got beaten up of late and likely will remain so.
Rates not the only catalyst tho
Brad Jacobs turning fragmented industries into consolidated giants before makes QXO's building products strategy worth watching closely as it scales.