25% Of My Portfolio Is In These 2 Stocks - And I Think They're Seriously Mispriced
QXO Inc. and LandBridge are my two largest holdings, together accounting for 25% of my portfolio. QXO is a high-conviction M&A vehicle targeting $50B in annual revenue within a decade, with Wall Street assigning a $30 price target and 50% upside. LB's unique land assets and produced water business, plus emerging data center opportunities, support a path to $1B EBITDA by 2035 and a $310 price target.
Bullseye Asset Management LLC Buys 92,000 Shares of QXO, Inc. $QXO
Bullseye Asset Management LLC raised its position in shares of QXO, Inc. (NYSE: QXO) by 613.3% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 107,000 shares of the company's stock after purchasing an additional 92,000 shares during
Bank of Hawaii Takes Position in QXO, Inc. $QXO
Bank of Hawaii bought a new position in shares of QXO, Inc. (NYSE: QXO) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 120,717 shares of the company's stock, valued at approximately $2,301,000. A number of other large investors have
QXO to Buy Kodiak Building for $2.25 Billion
QXO agreed to buy closely held building materials distributor Kodiak Building Partners for about $2.25 billion in cash and stock.
QXO: Invest In The Man And Mission
QXO is executing a consolidation strategy in the $800B building products' distribution industry, led by proven value creator Brad Jacobs. Integration of Beacon Roofing is ahead of expectations, with organic EBITDA targeted to double to $2B, supporting a $50B sales goal by 2035. Technological upgrades, strategic hires, and aggressive M&A underpin QXO's thesis, despite rising competition from Home Depot and Lowe's.
QXO, Inc. (QXO) Q3 Earnings and Revenues Surpass Estimates
QXO, Inc. (QXO) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to a loss of $0.01 per share a year ago.
QXO: Ambitious, But Executing Sensibly So Far (Rating Upgrade)
QXO a tech-oriented building materials distributor, is up by 21% YTD, outperforming its peers from the Russell 1000 by 2.4x. While M&A will still be the main driver of this story, QXO management, which has ample skin in the game, has shown good discipline, in the management of capital. Organically, QXO is also showing signs of progress with current EBITDA margins already better than the industry median on account of initiatives in inventory management, pricing and procurement.
QXO, Inc. (QXO) Q2 Earnings and Revenues Surpass Estimates
QXO, Inc. (QXO) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $3.22 per share a year ago.
Earnings Preview: QXO, Inc. (QXO) Q2 Earnings Expected to Decline
QXO INC (QXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Have $1,000 to Invest? Buy This Discounted Stock, Avoid the Other One
Key Points in This Article: Finding stocks to buy with $1,000 can be challenging in a market hitting new all-time highs.
Wall Street Analysts Predict a 65.61% Upside in QXO INC (QXO): Here's What You Should Know
The mean of analysts' price targets for QXO INC (QXO) points to a 65.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
QXO's $5bn bid sends GMS shares 29% higher amid hostile takeover threat
Shares of GMS have surged 29% following billionaire Brad Jacobs' QXO proposal to acquire the building-products distributor for about $5 billion in cash. Jacobs, who aims to grow QXO into a $50 billion revenue company within ten years, warned he is ready to pursue a hostile takeover if GMS's board rejects the offer by June 24.
