10 Best Construction Stocks to Buy Now

5. Boise Cascade Company (NYSE:BCC)

Number of Hedge Fund Holders: 32

Boise Cascade Company (NYSE:BCC) is engaged in the manufacturing of wood products and distribution of building materials. Since it provides both the raw materials and the distribution network for construction projects, the company remains a key player in the construction industry. Demand for the products Boise Cascade Company (NYSE:BCC) manufactures and the products it purchases and distributes is correlated with new residential construction, residential repair-and-remodeling activity, and light commercial construction.

Boise Cascade Company (NYSE:BCC), while quoting the U.S. Census Bureau numbers, stated that housing starts came in at 1.37 million in 2024. The current industry forecasts for US housing starts came in at ~1.35 million in 2025. The company added that single-family starts in 2024 exceeded 2023 levels by 7%, and are expected to remain ~1.0 million, despite the affordability challenges. Boise Cascade Company (NYSE:BCC) anticipates 2025 to demonstrate modest growth in home improvement spending, as the higher levels of homeowner equity, the age of U.S. housing stock, and recent improvement in existing home sales can offer a favorable backdrop for repair-and-remodel spending.

Looking forward to 2025, the company anticipates its capital spending to be between $220 million – $240 million. In BMD (Building Materials Distribution), Boise Cascade Company (NYSE:BCC) continues to make progress on its greenfield distribution center in Hondo, Texas. While the activity at the Walterboro, South Carolina greenfield has been slow, the company expects it to gain momentum in the back half of 2025.