Is QXO, Inc. (QXO) A Good Stock To Buy Now?

Is QXO a good stock to buy? We came across a bullish thesis on QXO, Inc. on Wonder Stocks’s Substack. In this article, we will summarize the bulls’ thesis on QXO. QXO, Inc.'s share was trading at $20.28 as of March 19th. QXO’s trailing and forward P/E were 1.71 and 59.17 respectively according to Yahoo Finance.

QXO, Inc. distributes roofing, waterproofing and complementary building products in the United States and Canada. QXO has completed its second major acquisition, signaling a decisive step in its strategy to deploy the $3 billion capital raise finalized in January...