Is QXO (QXO) The Best Stock to Benefit from Fed’s Interest Rate Cuts?

We recently published Top 10 Non-AI Stocks Redditors are Buying Ahead of Potential Bubble Burst. QXO Inc (NYSE:QXO) is one of the top non-AI stocks redditors are buying.

QXO Inc (NYSE:QXO) is one of the best non-tech stocks to buy, according to Redditors. The company sells roofing solutions and building products. It’s up about 7% so far this year. KeyBanc Capital Markets recently said in a note that the building products distribution sector in the US could see a rebound amid declining interest rates. The firm gave an Overweight rating to QXO Inc (NYSE:QXO).

QXO can continue to thrive amid construction activity in the coming years because there’s a shortage of 7.2 million homes in the US, while the median housing age is about 40 years, with a growing need for renovation and repair solutions.

Patient Capital Opportunity Equity Strategy stated the following regarding QXO, Inc. (NYSE:QXO) in its second quarter 2025 investor letter:

“QXO, Inc. (NYSE:QXO) was the top contributor to performance during the quarter following the completion of its $11B acquisition of Beacon Roofing in April. This marks the first of what is expected to be a series of acquisitions, as the company pursues a roll-up strategy in the highly fragmented building products distribution industry. QXO is leveraging a proven playbook that its management team has successfully executed across other sectors. With a strong track record and investor confidence, the company benefits from the ability to raise capital on attractive terms, giving it a competitive edge vs peers. Furthermore, management has proven their price discipline walking away from a bidding war for GMS Inc., which was ultimately acquired by Home Depot. We view this disciplined approach as a testament to management’s long-term focus. Over the next decade, QXO is targeting more than $50B in annual revenue. We have high conviction in Brad Jacobs’ leadership and believe the company is well positioned to become a long term compounder.”

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