Reported about 2 months ago
The article examines Jim Cramer's views on Builders FirstSource, Inc. (NYSE:BLDR), a significant player in the building materials industry. Cramer previously advised caution regarding the stock amid concerns about a weak housing market, suggesting a wait for a better entry point. Following his advice, the stock declined by 27.56%. Although he expressed interest in the company's long-term potential due to its role as a consolidator in a fragmented market, he acknowledged the stock's struggles tied to rising interest rates and lower forecasts from management.
Source: YAHOO