QXO, Inc. (QXO): A Bull Case Theory

We came across a bullish thesis on QXO, Inc. on Deep Value Capital’s Substack. In this article, we will summarize the bulls’ thesis on QXO. QXO, Inc.'s share was trading at $21.81 as of June 25^th. QXO’s forward P/E was 62.50 according to Yahoo Finance.

[caption id="attachment_1206923" align="aligncenter" width="768"] A construction site with workers wearing hard hats and safety vests, installing roofing materials.[/caption]

QXO is a newly formed company targeting the massive yet antiquated $800B+ building products distribution market in the U.S. and Europe, which still relies...