Jim Cramer Discussed These 18 Stocks As Inflation Dropped

13. Builders FirstSource, Inc. (NYSE:BLDR)

Number of Hedge Fund Holders In Q3 2024: 55

Builders FirstSource, Inc. (NYSE:BLDR) is a mega building products and equipment company. The firm provides products such as wall panels, stairs, and windows that are used for building houses. As has been the case with other stocks, Builders FirstSource, Inc. (NYSE:BLDR)’s shares struggled in 2024 and closed the year 13% lower. The poor share price performance came on the back of higher interest rates depressing the construction industry. However, a recent offer by QXO to buy Beacon Roofing can mean these stocks are undervalued, according to Cramer. Here’s what he said:

“What does it [QXO’s $11 billion acquisition proposal of Beacon Roofing] say about the companies like Floor & Decor, Builder’s First.

“These companies may be undervalued, they’re selling at very low multiples.”