Builders FirstSource (BLDR) Jumps 8.7% as Investors Scoop Up “Undervalued” Stocks

Builders FirstSource, Inc. (NYSE:BLDR) is one of These 10 Stocks Went Bulletproof.

Builders FirstSource rallied by 8.76 percent on Tuesday to close at $126.91 as investors gobbled up shares amid an analyst comment that the stock is currently undervalued.

In a market report on Tuesday, Zacks Research assigned a “B” grade to Builders FirstSource, Inc. (NYSE:BLDR), in the belief that the stock is currently “trading at a discount to its peers.”

The assessment is a value style score that pays close attention to both traditional and unconventional valuation metrics, with grade A being the highest and grade F being the lowest.

In line with the rating, Builders FirstSource, Inc. (NYSE:BLDR) currently bears a Zacks Rank #3 or a “hold” recommendation on its stock on expectations that it may perform in line with the broader market in the near term.

Builders FirstSource (BLDR) Jumps 8.7% as Investors Scoop Up "Undervalued" Stocks

A crane lifting a truss during the construction of a new building.

Builders FirstSource, Inc. (NYSE:BLDR) is one of the leading suppliers of structural building products in the US. Its 600 stores are present across 43 states in the US.

While we acknowledge the potential of BLDR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.