Jim Cramer Put These 8 Stocks Under the Microscope

5. Beacon Roofing Supply, Inc. (NASDAQ:BECN)

Number of Hedge Fund Holders: 53

Noting the chatter around Beacon Roofing Supply, Inc. (NASDAQ:BECN), a caller asked Cramer’s thoughts, and here’s what Cramer had to say:

“Yeah, you’re gonna get a bid. It’s gonna take, they’re gonna have to accept, I believe… they have to accept the offer, the, the hostile takeover that we’re seeing right now and if they don’t do it, I think they’re going to regret it because this, this, the takeover is at a higher price. It’s QXO that is doing the buying. And I think you ought to buy this stock and take advantage of what I think is gonna be a high bid price.”

Beacon Roofing Supply (NASDAQ:BECN) distributes a wide range of roofing and building products, including various types of roofing materials, insulation, siding, decking, and related accessories, as well as tools, safety gear, and equipment, catering to professional contractors, home builders, and retailers.