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Monday, 06/12/2023 9:02:57 AM

Monday, June 12, 2023 9:02:57 AM

Post# of 76351
Builders FirstSource (BLDR) Shares See Mega Inflows
By: Lucas Downey | June 12, 2023

• Builders FirstSource, Inc. (BLDR) shares are up a staggering 88% in 2023. Investing in growth stocks this year has been a great way to outperform markets. Big Money footprints tell the real story.

Builders FirstSource Attracts Big Money Inflows

Want an edge in trading? Follow the Big Money.

What’s Big Money? Said simply, it’s when a stock rises due to institutional demand. Top stocks tend to attract savvy investors.

You see, fund managers are always looking to bet on the next outperforming stocks…the best in class. They spend countless hours sizing up companies, reading reports, speaking to analysts…you name it. When they find a company firing on all cylinders, they pounce in a big way.

The YTD action tells the story. Each green bar signals unusual buying volumes in BLDR shares, pushing the stock higher:


Source: www.mapsignals.com

Very few stocks have charts this strong. Recent green bars suggest strong demand. But, what about the fundamental story?

Builders FirstSource Fundamental Analysis

Next, it’s a good idea to check under the hood. I want to make sure the fundamental story is healthy too. As you can see, BLDR has had double-digit sales and positive earnings growth the past 3 years:

• 3-year sales growth rate (+54.7%)
• 3-year EPS growth rate (+118.9%)

Source: FactSet

Marrying great fundamentals with our proprietary Big Money software has found some big winning stocks over the long-term.

Check this out. Builders FirstSource has been a top-rated stock at MAPsignals for years. That means the stock has had buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report numerous times since 2015. The blue bars below show when BLDR was a top pick:


Source: www.mapsignals.com

Tracking unusual volumes reveals the power of the MAPsignals process.

Builders FirstSource Price Prediction

The BLDR rally has been in place for years and recently. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Read Full Story »»»

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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
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