Buy Builders First Source (Ticker BLDR) on Insider Confidence

about 2 months ago

Joseph Boscovich

"The chairman, Paul Levy, made an open market purchase, writing a check for 55 million dollars at 111 a share, buying in when the stock was down from over 200."

Joe Boscovich presents an actionable trade idea for Builders First Source (ticker BLDR). With chairman Paul Levy’s significant insider purchase at $111 per share, contrasted to previous levels above $200, and a robust free cash flow yield near 9%, the company is positioned as a contrarian opportunity in the building supplies sector.

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