Time to Buy Builders FirstSource, Inc. (BLDR) After Recent Moving Average Crossover?

Zacks

Are you a technical investor? If so, it may be time to consider Builders FirstSource, Inc. (BLDR) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for BLDR.

This trend may have already begun, as shares of BLDR have moved by higher by 27.6% in just the past month. Plus, BLDR has earned itself a Zacks Rank #1 (Strong Buy), so there is plenty of reason to believe that the run for Builders FirstSource, Inc. has plenty of life left.



BUILDERS FIRSTSOURCE INC (BLDR): Free Stock Analysis Report


Zacks Investment Research

View Comments (0)