Jim Cramer Says “You Buy QXO Here”
QXO, Inc. (NYSE:QXO) was one of the stocks on Jim Cramer’s radar on Mad Money as he explained that many investors might be missing out on the market’s biggest winners. Noting that Cramer is a big fan of the company’s CEO, a caller inquired about his thoughts on the stock. He said, “You buy QXO here. We got a new Fed chief, and I think interest rates have peaked.”
Stock market data. Photo by Alesia Kozik on Pexels
QXO, Inc. (NYSE:QXO) supplies roofing, waterproofing, and building materials, including siding, insulation, and construction accessories. Cramer was asked about the stock during the April 27 episode, and he replied:
Oh, okay, Brad’s a winner. Brad is going to make a series of acquisitions that are going to make it into a great home building, let’s say clearing house place with just lots of different warehouses, lots of different stuff all over the country. And when rates start coming down, this stock is going to go from $20 to $30. You want to be with Brad Jacobs, not against him.
While we acknowledge the potential of QXO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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