Jim Cramer on QXO: "I Don't Bet Against Brad"
Okay, that’s Brad Jacobs’ company. I don’t bet against Brad. That’s roofing. Normally, it shouldn’t be doing right now in the cycle, but Jacobs will pull it off. You can buy it.
QXO, Inc. (NYSE:QXO) supplies roofing, waterproofing, and building materials, including siding, insulation, and construction accessories. During the lightning round of the January 8 episode, a caller asked Cramer if the company’s stock was a buy. In response, the Mad Money host remarked:
I think it’s a buy because it’s Brad Jacobs. You can’t bet against Brad Jacobs. They do have a 10% short position. I tell you, while I’m not just pounding the table because it’s all the way up, I think it’s a buy.
While we acknowledge the potential of QXO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the
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