Long Term Growth Stock in Review: Builders FirstSource, Inc. (NASDAQ:BLDR) Has Moved 24.47% This Year

Shaers of Builders FirstSource, Inc. (NASDAQ:BLDR) have been recommended as a long term growth pick.  With the firm’s stock price currently trading around $13.65, the firm has proven a solid track record of growth over the recent years.  Investors might consider the stock as a long term growth candidate as the firm has yielded 43.10% earnings per share growth over the past 5 years and 39.00% revenue growth over that same time frame. 

Often times, the stock market will be affected by political, social, or economic events. The result may be end up to be positive or negative. It is wise to remember that market fluctuations can happen at any time for many various reasons. Sometimes it may not be evident of why the market moved until long after the scene has played out. Making investment decisions in a turbulent climate may be extremely tricky. At some point, investors may find themselves on the wrong end of a trade. Staying vigilant in the markets may help investors bounce back after a temporary defeat. Investors who stay the course and stay with an investment plan may be able to better handle the ups and downs of daily market movements. Repeatedly trying to find the tops or bottoms is not an easy task. Even the most seasoned investors may not be able to successfully time the market. 

Long-term growth (LTG) is an investing strategy where a stock will (hopefully) grow in value for a relatively long period of time.  A “buy-and-hold” investor will consider long-term growth as a longer time period then a day trader will. The buy-and-hold strategy looks ahead farther into the future, giving short-term price swings less consideration as long as the fundamentals stay the same.  

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, Builders FirstSource, Inc. (NASDAQ:BLDR)’s stock was 24.47%.  Over the last week of the month, it was 0.89%, 19.02% over the last quarter, and  -19.21% for the past six months. 

Over the past 50 days, Builders FirstSource, Inc.’s stock is -8.66% off of the high and 29.31% removed from the low.  Their 52-Week High and Low are as follows: -37.71% (High), 34.53%, (Low). 

Despite the past success, investors want to know where the stock is headed from here.  Analysts covering the shares have a consensus short-term price target of $15.33 on the equity.   Analysts have a consensus recommendation of 2.50 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  

Investors may be taking a closer look at holdings and trying to decide which way the stock market will lean in the second half of the year. Maybe there are some surprising winners, and the decision needs to be made to either sell for a profit or hold on for further potential gains. Maybe there are some losers that are being held onto with the hope of a rebound. Sometimes investors may get too emotionally attached to certain stocks. Keeping unbiased focus on the market may help provide the portfolio with an added boost. Nobody knows for sure what will transpire over the next few quarters. As earnings reports flow in, investors will be monitoring which companies provide the biggest surprises. 

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