Reported 3 days ago
In a recent segment on CNBC, Jim Cramer analyzed Beacon Roofing Supply, Inc. (NASDAQ:BECN) amidst discussions surrounding tech stocks and market challenges. He suggested that future performance could be affected by tariffs and lumber prices, impacting housing and valuations. While he praised BECN's business model following its acquisition by QXO, he hinted that AI stocks might offer better investment opportunities, particularly in a market recovering from significant selloffs.
Source: YAHOO