1. QXO Inc. (NYSE:QXO)
QXO Inc. (NYSE:QXO) is one of the 10 best trading and distribution stocks to buy.
On February 26, QXO Inc. (NYSE:QXO) reported fourth-quarter revenue of $2.19 billion, which was in line with the consensus estimates and the pre-announcement. Operationally, the company is executing its integration plan for the combined legacy Beacon business with disciplined investments in technology, sales capacity, and high-return initiatives. Chairman and CEO Brad Jacobs stated:
“Our fourth quarter results were in line with the pre-announcement we made last month. Operationally, we are executing against our integration plan across the legacy Beacon business, supported by disciplined investments in technology, sales capacity, and other high-return, long-term initiatives. On the M&A front, our recently announced $2.25B agreement to acquire Kodiak Building Partners triples our total addressable market to more than $200B. With Kodiak, we have grown our EBITDA run rate to more than $1B in under 10 months. Our acquisition pipeline remains very active, keeping us firmly on track to achieve $50B in annual revenue.”
On February 11, QXO Inc. (NYSE:QXO) reported that it has reached a definitive agreement to acquire Kodiak Building Partners from Court Square Capital Partners in a deal valued at about $2.25 billion. The company expects the transaction to be highly accretive to 2026 earnings and said it would expand QXO’s addressable market to more than $200 billion.
The purchase price includes $2 billion in cash along with 13.2 million shares, for which QXO retains the option to repurchase at $40 per share. The deal is expected to close in early Q2 2026, subject to customary closing conditions.
The company is currently pursuing an aggressive inorganic growth strategy, aiming to expand the topline to $50 billion within the next decade.
QXO Inc. (NYSE:QXO) is a tech-enabled distributor of building products such as roofing, waterproofing, materials, and related supplies. It markets its offerings through contractors, distributors, and suppliers.
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