Beacon Roofing Supply, Inc. (NASDAQ:BECN)
Distributor of residential and non-residential roofing materials in the United States and Canada. The company also distributes other building materials, including siding, windows, lumber products and waterproofing systems, for building exteriors.
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Strongest fundamentals in the industry.
Construction may be bad but repairs are always necessary.
Climate change isn't reversing itself, so storms will become more frequent and intense.
Near a 52-week low, despite beating estimates earlier in the week.
Shed over 7% today (S&P down 2%) without any bad news, so a good time to get a discount.
Mortgage applications rose last week.
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I am amazed by how this horrible little stock mocks me with my biggest active CAPS POINT LOSS.
Why isn't BECN a $5 stock yet.... dive you pig dive.
BECN has too much debt, too little demand, falling earnings, rising accounts receivable (that must be questionable given the state of the construction industry).
DIVE YOU PIG DIVE!
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High costs of oil get into their profits. They are a roofing supply company that uses oil for the petroleum based roofing products. In debt and just had a losing quarter.
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Not the hottest sector at the moment. The stock also seems to be reversing off a peak. Look for a 25%+ drop in the coming weeks/months.
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Buildings need maintenance too, it's not entirely tied to new construction.
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a leading supplier of roofing products
which is a maintanance issue for houses
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Unfair lumping-together with the rest of the housing malaise...
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Strong insider buying at a reasonable price.
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A roll-up strategy... just look at POOL!
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Overvalued
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