Reddit Posts
Uber, Jabil, Builders FirstSource to Join S&P 500
2023-05-05 Wrinkle Brain Plays - In the style of Gomez Addams
Roast my portfolio (only 6 stocks, with the reasoning behind them and value estimates)
Already heavily in index funds but now looking for individual stock picks - I’m planning on adding around $4k each month balancing them.
Builders FirstSource (BLDR) posted gaudy earnings growth yet again last month, the market didn't care. What is the bear case I'm not seeing?
Has anyone looked into Builders First Source (BLDR)?
DD on BLDR! Expecting a big upward run in the coming future due to more construction and safer residential building requirement amid Miami Building Collapse!
Why I believe that Builders FirstSource Inc. ($BLDR) is undervalued
6/14 Market Update/Outlook - with some swing trade ideas
Mentions
I wouldn't go off of earnings as an indicator. If LPX reports low it means they were slow and might dip but TOL and BLDR will have data on starts and new permits which will give them a good outlook. In DFW it is cyclical because of the weather, rain and cold are two major factors for demand to be low, it will get high soon and lumber prices will show the change. That would be your indicator IMO
I do some work with BLDR (and other distributors), I will tell you that “slow” was the most consistently used word during our interactions in 2025.
If you are write, it will tell you in advance what BLDR and TOL are going to follow with. Knowing the direction in advance might increase your probability of making money on options.
I'm watching LPX's numbers first since they're the start of the chain — if they miss on volume that tells you something about demand before BLDR even reports.
100% above the last parabolic move but it won’t get to exactly 100%. They will bail just before. Just a gut feeling mostly. Market and numbers work in strange ways. For fun look at BLDR 5 year chart and report back. The symmetry is something to be seen.
$HII, $LMT, $BLDR, $MOS, $COST, $F, $BBY, and $DE are all up +4% plus. This is a hell of a rotation out of the reddit Scan Altman AI stocks into everything else. If you threw a dart at a board listing all the stocks never mentioned on reddit, you'd have a great chance hitting a stock that Green today.
BLDR - it started to move up at beginning of the year - has another 20% in it
Old post but BLDR still looks overpriced to me, even after the \~45% fall from about the presidential election to now. They've had no growth in three years. Housing is still very expensive, interest rates are still high. I think they overbuilt apartments in my area and rent is going down due to this, that's not particularly related I believe, but I doubt developers are going to continue to build a ton of new complexes near me. Tariffs will probably affect them. Maybe inflation will help them somehow if construction companies buy the same amount they were when things were cheap.
DHR DR Horton Lennar, it's going to start in the south. then move north. BLDR? :)
IWM, BLDR, USAR, ETHE, COPX, PALL, SILJ, and U (so far)
Look at BLDR five-year chart and tell me things just happen by chance
Look at BLDR 5 year chart and tell me how anything can be so Symmetrical
I don’t think there’s a more symmetrical 5yr chart than BLDR. unbelievable
Good call. I forgot who I was talking to, but it was a few months back about BLDR. My biggest worry with some of the home builders is that we saw like peak investment into the space a few years ago. I think things will get better, but we saw something historical and might not ever repeat. If you look at where things where at 2020 and where they went into 2022, it was pretty explosive growth: [https://fred.stlouisfed.org/series/HOUST](https://fred.stlouisfed.org/series/HOUST)
Dumped BLDR on its earnings for LLY. Went all in on LLY right around the start of the spike shoutout to BLDR for spooking me into LLY.
# Weekly Markets Update * Major US indices continued grinding higher despite government shutdown concerns * S&P 500 managed modest gains for the month, driven primarily by technology and AI-related stocks * Equal-weight S&P 500 and small/mid-cap indices fell over 2% for the week, giving up October gains * Technology sector strength masked significant weakness in cyclical and interest-rate-sensitive areas **Technology & AI** The AI theme remains the market’s dominant driver: * Nvidia [NVDA -1.78%↓](https://substack.com/discover/stocks/NVDA) briefly crossed $5 trillion market cap after GTC conference announcements * Strong earnings across the sector with robust demand outlook through 2026 * Qualcomm [QCOM 1.63%↑](https://substack.com/discover/stocks/QCOM) announced plans for proprietary AI chip; AMD [AMD -1.12%↓](https://substack.com/discover/stocks/AMD) partnering on government supercomputers * ICE Semiconductor Index up over 10% for the month **Capital-Intensive Industries** Tech companies’ A/I spending is creating spillover demand in adjacent sectors including power generation, electrical equipment, and construction. **Consumer-Facing Sectors** Mixed signals from corporate management teams: * **Resilient**: Mastercard [MA 1.03%↑](https://substack.com/discover/stocks/MA) reported healthy spending with 9% gross dollar volume growth * **Under Pressure**: Chipotle [CMG -2.56%↓](https://substack.com/discover/stocks/CMG) noted widening gap in frequency between income cohorts, with low-to-middle income guests reducing visits * **Challenging**: C.H. Robinson [CHRW -0.55%↓](https://substack.com/discover/stocks/CHRW) cited continued soft freight environment with truckload rates “bouncing along the bottom” * **Affordability Issues**: Homebuilders (D.R. Horton [DHI 0.89%↑](https://substack.com/discover/stocks/DHI), Builders FirstSource [BLDR 2.93%↑](https://substack.com/discover/stocks/BLDR)) emphasized ongoing affordability concerns and elevated inventories
$BLDR with a beat and stock moving higher. Although still declining Y/Y revenues. I think the stock bottomed a while back
Housing stocks even cheaper than when I posted this DD https://www.reddit.com/r/wallstreetbets/s/YRvNFZXcdw I cut some positions to take advantage of the Friday dip on higher beta stuff, but currently holding 100 BLDR w a long expiry put sold, 100 QXO w 6 long expiry puts sold, 100 ITB, and one long put sold on WY. Probably going to load up on 100 shares of XHB and more QXO at open tomorrow but depends on price
Added to KNSL, APO, KKR, BLDR, and AXON. All five are in midst of a pullback or off thier own 52 week highs.
Maybe watch LEN and BLDR because of these building tariffs or high vol plays with ISRG and SNPS
Calls on various stocks anywhere from MARA to BLDR to JD
You might also want to check out WM, FSLR, BLDR, PAG, and ROCK, they're all well run companies.
I checked out the substack and set up a couple of HTLD buys at lower levels (I figure I'll have some time to try to accumulate, but we'll see). Interesting point on housing - I didn't think of the immigration impact, and I bet that's something where the large impact won't be fully realized until further down the road. I managed to get into IBP pretty low (\~160), so I'll keep holding for the long-haul. But I've sold out of my other positions (BLDR calls and DHI) since I worried about a pullback in housing names. Thank you!
Mine is weird. USLM and BLDR falling big but EME, META, and CLMB printing. I added to ASML too
Pretty rough numbers from BLDR and lowered guidance. Not super surprising though and still holding long term
Yea, Home Depot, BLDR saw more movement in the last week, and no1 talking about that. Housing market hot again 🏡
Not really a formula per sey… 1) Housing and mortgage markets are REALLY out of favor 2) But housing demand is off the charts 3) The housing market needs a spark 4) That spark has come in two forms: the prospect of lower rates is here with Powell gone in under 8 months now. Trump will install someone who will lower rates. Second, DHI reported solid earnings today that beat 5) The entire housing complex responded today from TREX to BLDR to TOL to RKT 6) Last, one week ago the chart showed a Bollinger squeeze which means buyers were roughly balanced with sellers… AKA the sellers were mostly out 7) Last last, a float that is 51% short is like kerosene, especially when an industry and stock is just beginning to turn
What's up with **BLDR** today?
Told you **BLDR**. Solid fundamentals, but you regards instead want to play housing market via penny realtor stocks 😂 www.reddit.com/r/wallstreetbets/comments/1lg0ptb/comment/myui43x/
BLDR. I have a big position but here’s why: They are rolling up smaller building supply companies and lumber yards for growth, buying back lots of stock, and long term they should be a major player in moving from on-site building to modular building, which is where I think the construction industry is going. Down a lot from its highs at an attractive valuation helps a lot too. We are under built by so many homes in the US with lots of old inventory it should be a high demand business even though right now the housing market is slow because of interest rates, giving us the buying opportunity.
#Your opinion is requested - BLDR? Thesis: 🅱️🅱️🅱️ beneficiary, potential construction, infrastructure boom, decent financials, like FCF, PE, debt etc.
Regards will ignore **BLDR**, eh? Until it gets to $150? 🚀 🚀 🚀 Such solid numbers, such great nation rebuilding story. 🚀 🚀 🚀
You want to further short the housing market? How low you think it’s going? I am more likely going other way. HD, Lowe’s and TOL or LEN. BLDR also. As for number 3, I am taking opposite side of trade. I also don’t think tariffs end up being the impact people think. Where is the early evidence of that?
CRWD, PLTR, NVDA, SPOT, AXON, MELI all taking a breather today. Housing stocks up for reason...GBRK, BLDR
Solid day for BLDR. Wonder if it’s moving from CA changing some CEQA laws.
Mie analysis on Big Bootyfull Bill: * UNH kawlz * TSLA pootzzz - kind of obvious with melon vocally angry about it. * Solar stuff - pootz as always * BLDR, Home Depot - kawlzz Many thanks for your tension matters.
VFC turn around going well BLDR the chairman just bought $55m open market.
Companies that sell building materials. BLDR is one I've owned in the past (and lost $ on) but would buy again.
**BLDR** seems good. FCF, PE and all that checks out. When rates drop, should be the #1 beneficiary. Thoughts?
rate sensitive stocks going to run today, HD / BLDR etc
Considering leaps on BLDR and other names exposed to the housing shortage here
In terms of STLA, would rather STLA parent Exor (although some brokerages may charge a huge fee to trade Exor's foreign ordinary shares in the US) - at least with that you get some diversification (it owns a large stake in STLA, but also stakes in a number of other things) and a stock that generally trades to some degree below NAV. Would not want to invest in just STLA. Would rather broader plays BLDR or BLD than PHM. ADBE my concern is that you have a seat based pricing software company and I have a difficult time seeing a future where there isn't going to be less seats. Unfortunately, there's going to be less need for people at an ad agency in the future, among other creative industries. I don't know that ADBE is going away, but I think ADBE has enjoyed many, many years of being one of a few main options and now it's going to be faced with a legion of AI competitors. So, not only an issue of competition but in terms of the industries that do continue to use it, it would seem like there's going to be less users and it's seat based pricing, not consumption based. PEP I just think like a lot of other cpg names took too much pricing in recent years, there's some degree of ceiling on that and now they have to start moving volume in a more difficult environment. I do think that there's perhaps some impact from obesity drugs, but at some point a bag of Doritos for like $6 gets ridiculous. Not really interested in any of those four names.
$BLDR big insider buys. Cyclical stock forming a bottom. If rates go down this booms.
Exit price gets almost no discussion here. Not everything should be held forever. Heck, sometimes forever holds even could use a trim in size. I mentioned MPW, which is getting cheap enough I might re-enter, but I'm also watching BLDR and DHI (or other building names). Sector has been trashed because of high rates. Most names are near major support too. If Powell blinks and starts QE, those names are going to explode.
BLDR is still one of Bob Robotti's largest holdings. That's bullish in my eyes.
Completed my position is $BLDR today. I think the next 2-3 quarters will be choppy for them but I’m happy to hold this company for a decade+
Interesting take, thanks! For what its worth..... there's a few ways to look at builders. First is the actual builders. DHR, NVR etc. DFH is an up and comer modeled after NVR. They build houses, which is actually basically an assembly line that moves from project to project. There's also the materials suppliers like IBP, BLDR, UFPI. They can probably get a little more torque upwards if building takes off again, but also more downside risk as they tend to have more fixed costs. There's a few manufactured housing names too. CVCO, SKY, LEGH are a few names there.
Bought some BLDR. I think the stock has reached a bottom in the 105-120 range and there’s a ton of upside and future demand
Massive insider buying at BLDR. A director bought $55 million in stock, it's his first purchase since 2018.
Let’s go BLDR!!! Dance! 
Big week for me, earnings for almost half the stocks in my portfolio DPZ, WM, V, MSFT, PWR, AMZN, BLDR, CVX Really this week will be all about updated guidance for many of these companies
Not a believer in their storylines. From the list, PYPL, Apollo, TGT and BLDR, I could go for.
Bought some falling knives in NVO, UBER, BLDR, and APO. Hopefully it works out. APO only one that has rebounded a bit.
Oh yeah, looking into BLDR it seems it was bad for their margins. I guess there won't be the same rush to HD this time around for personal projects
Transportation. Look into ODFL for example. We all need our shit and that won't change. We also need air conditioning fixed even in a recession so look into AAON. Oil isn't going to just disappear so look into TPL (which is a bit pricey right now) and home building will eventually bounce back in a year or two or 4, but eventually it will so look into TREX and BLDR. I've got about 25 others, half of which are tech related, and the portfolio has greatly outperformed over the years.
I think they're both great companies, nothing against BLDR. IBP is just a company I really like. IBP has a slightly higher ROE, but it's close. I also tend to prefer less followed companies with less correlation to index flows.
Chart sure looks grisly. I bought and then sold BLDR when it was apparent California would be needing some building supplies. Had hoped to rebuy it on a dip and boy has it dipped. Same YTD price action in IBP. So what would be your argument to pick up IBP instead of BLDR?
All economic indicators (shitty housing starts, declining home sales, 6% drop in mortgage applications) would indicate earnings should miss, LEN missed and guided down, plus BLDR which is a mini-HD reported earnings last week and missed and guided down. I think we are entering that late stage in the bull market where bad news is bad news again.
Totally possible. One thing that helps too is to look at sector average and historical pe's to compare, since 14 doesn't really mean much without that context. Historically it looks like it traded a bit cheaper: [https://www.macrotrends.net/stocks/charts/BLDR/builders-firstsource/pe-ratio](https://www.macrotrends.net/stocks/charts/BLDR/builders-firstsource/pe-ratio) However, it's in the Building Products & Equipment sector that does have a pe average of 21, so it's hard to say. I'll check out the link, thanks for sharing!
Great chart. Not to make this a cop out but I do wonder if that's priced in given the fact that the stock is down 21% in the past year. I'm new to the sector so I'm still trying to figure out just how risky these kinds of stocks are in the near term. Wondering how long the downturn will last, and also how these companies change practices to absorb the blows. At a PE of 14 though, it's almost hard to pass up. I don't want to try to catch a falling knife but I do wonder if this year is the time to accumulate so I have the shares before the next building cycle starts, if the current one even comes to an end at all. It is interesting how BLDR's best year so far was 2022. Wondering if I should be disappointed and cautious that it hasn't been more linear... You might find this interesting https://www.bldr.com/resources/blog/housing-market-insights-for-homebuilders-late-2024?utm_source=chatgpt.com
$BLDR Reports Q4 EPS $2.31, consensus $2.21 Reports Q4 revenue $$3.82B, consensus $3.89B. Sees FY25 revenue $16.5B- $17.5B, consensus $17.26B Sees FY 25:Gross Profit margin to be in a range of 30% to 32% Adjusted EBITDA to be in a range of $1.9 B to $2.3 B Adjusted EBITDA margin to be in a range of 11.5% to 13.0% Points Free cash flow in the range of $600M to $1B.
Anyone following the construction materials sector? I'm considering USLM and EXP. Trying to figure out what's mainly bringing them down. Tariff or recession concerns? Residential home building down? My initial understanding is that residential is a smaller share of their business, but will need to get into it. Will see how BLDR earnings goes tomorrow morning.
Not invested in them, but been following for a minute. Someone called this company here like a few years ago when it was like 50 bucks. Revenue growth has kind of followed permits and building. Like if you look the units under contruction: [https://fred.stlouisfed.org/series/UNDCON5MUSA](https://fred.stlouisfed.org/series/UNDCON5MUSA) Their revenue growth tends to follow that trend line: [https://quickfs.net/company/BLDR:US](https://quickfs.net/company/BLDR:US) I don't think they are a bad company, but I just feel like the last summer was like the peak for home builders, but all will depend on rates on how long people continue to feel locked into their mortgage.
Anyone keeping an eye on BLDR earnings today? They've had incredible growth recently and have a pretty low PE. The services side seems interesting to me. Wondering if they can build a moat out of it?
Not all "stocks" are stocks, and not all 'inflation' is 'inflation'. Markets are heavily tilted towards tech, and when high inflation means high rates (2022), it means dry funding desert for VC ponzi schemes, and tech balloon shrinks flat. "Normal" stocks like KO, Walmart, BLDR will do well, but markets overall could suffer because of tech weight.
Maybe it's just me but I'd rather buy broad distributors (BLDR, BLD, what QXO will eventually be) than buy individual home builders unless they're down a lot and you have some sort of view on the niche (what areas they serve, high/low end customers, etc)
You’re weeks late on that. BLDR was the biggest of my plays. SSD. Possibly AZEK, TREX, maybe something in lumber.
When there was blood in the streets literally. I remember hearing most insurance companies pulled out of California months/years before that wildfire from a couple weeks ago. I was personally looking at BLDR or other suppliers who may have an increased order over the coming months to help with the rebuild. Since they would be the literal picks and shovels to rebuilding that area in California.
Trimmed PLTR. Bought BLDR, UBER, MEDP, and DKNG.
$RKLB even though the story is still unfolding. I’m proud to have been able to spot that space will be a big market and that they were a reliable player in a very hard industry. Also proud to have the balls to buy LEAPS in order to multiply my gains. On the most humbling side I bought a shit ton of bad stocks from 2021 to 2023 including Very Good Company, Honest, Roblox and made awful decisions among which : shorting NVIDIA at $200 pre split, shorting $BLDR at $70. I would listen to YouTubers and follow blindly, or do my own stupid thing. Lost 85% of my portfolio but thx to $RKLB I’m ok now
Stock screeners help. Using your trading app can help give you some insight, but it is heavily swayed by the analysts they cover to provide ratings and recommendations. I've learned to follow sectors based on market sentiment. So, obviously, AI and tech is hot so I am heavy in stocks in that sector. I may read about some other stock like Costco and realize that I use Costco, and they're always packed, so I have COST. I feel that as rates lower, banking will have a good run so SOFI is another one I have a little money in. I know when rates drop, and times well with home buying season, BLDR should have a good run. I'm a heavy Reddit user and it has had a nice run, so I did some looking into the stock and put some money in RDDT - stocks like this are only like around 5% or less of my portfolio. If it makes a nice run, and I feel it has exhausted its time with investors and market sentiment, I will rebalance and put the gains into another stock or my ETF. Find stocks you like, use, believe in, whatever. Don't chase the $5-$10 stocks because they seem cheap. An ETF is good for a lot of people, but aggressive growth should be your target at a young age. That's your AMZN, META, NVDA, GOOGLs of the world if you want to buy those. You can filter stocks by their volatility in your trading app; at least you should be able to. I have had a good intuition about stocks, and the last few years have paid off. When I was a younger I made some bad bets, but those weren't costly lessons but lessons nonetheless. Don't invest in stocks you don't understand or make plays you don't understand, i.e. option plays. You can lose it all.
Went full theta gang for the last 2 years with some other big options buys at the right time. AMD has been great to sell options because its kind of been in stagnant for a while. Mostly been PLTR, AMD, URA, HYLN, BLDR, WTS, RDDT
Wait why would you take out of BLDR I'm not understanding. Although unless you mean you don't see much growth, I can get behind that.
Yeah I said it in another thread, but I’m really considering taking my ball and going home on BLDR (exiting). Treasury rates make me think that folks looking for the feels of 17-19 are going to be extremely disappointed, and it’s probably going to be right if the trade war from then is hiked up in any way.
I’m going to be giving some serious consideration to taking my gain in BLDR and exiting frankly. The treasury rate move really over the past few weeks has been jarring for me and for now changes my opinion on the next year (I think it’s right if any sort of more hiked up trade war pans out). Not sure the Fed cuts much more than to 4-4.25, and even then it won’t look good without bonds relaxing. May also take my huge loss in DVN.
$BLDR 📈 Just reported Q3 beat. Sales declined, But management raised FY25 guidance. Highlighted improving gross margins, more free clash flow and higher EBITDA margins
"Are there any residential reits that can be used as a hedge in the event of a stocl market downturn?" A residential REIT is going to do as badly if not worse during a traditional downturn. In terms of residential REITs, there's very few single family home REITs and I don't think those are going to reflect the demand for new home purchases, it's what does the rental market look like? To me, new home buying demand would be more something non-REIT like BLDR. "So what is the advantage of REITs?" You look for things where there's demand for the subsector and there's some degree of moat. PLD if you believe in e-commerce growth. Or people yield chase into them, like they do with popular reddit REIT Reality Income. Half joking, a fair amount of smaller REITs the hope at this point is kinda like biotech/big pharma: you hope that Blackstone buys it - they bought four in 2022, I think two or three in 2023.
Stocks: BuildersFirstSource (BLDR) & SteelDynamics (STLD)
You have a heavy concentration in the tech environment so I will present a couple different options. If you want to stay in the tech sector, VRT is a supplier to data centers. Up 136% YTD and has no signs of slowing down. While they are tied to AI, and the run up from it are correlated, they are not an AI company per sé. They supply equipment to keep data centers running efficiently. If you want to balance your tech stocks by buying something in a different sector, BLDR supplies goods for home building. It's only up 9% YTD but as the interest rates drops and buyer power returns, there is a lot of room to grow. Good finances and in a position to see significant growth over the next few years. I just discovered VITL yesterday. They produce eggs and such, but their finances look great and they just came out of a long dip, and they have been blowing out earnings, causing the swift acceleration. Then, the shameless plug for COST. We all know Costco. They've been growing significantly and I like the special dividends they give out from time to time. While splits do nothing particular for a stock, and people can buy fractions, *when* they split people are going to push money into the stock and create a small uptick in market cap. SOFI also has experienced some catalysts. Again, rates are lowering which will create consumer spending and more confidence in lending. The stock has been beaten down so long that it's due for a run. I think it's in the beginning of its run but it is going to take patience to catch the run when it happens. At $11, it's a great time to get a lot of shares before it gets pricier.
IMO, take your profits and invest for the long-term. Read One Up on Wall Street, subscribe to the Wall Street Journal, and keep educating yourself. Get prosperous slowly and methodically. Roth IRA is the best way to go when you are young. Focus on your income so you can keep dollar-cost averaging into the market regularly. Concentration builds wealth, if you concentrate in well-managed companies in growing industries. I like Buffet’s “moat” philosophy, of course. Companies like BLDR. Proven business-builders like Thiel and Musk (though I wouldn’t but Tesla now). Diversification protects wealth.
Holding $DY, $WY, $BLDR, $MTZ OTM calls into Milton landfall. Will my thesis survive the test of market 
Milton expected to make landfall as a category 4 system. Holding 4 companies since yesterday. $DY and $MTZ are both local contracting companies focused on infrastructure construction/repair. Meanwhile $WY and $BLDR supplier materials for repair. Position: OTM calls
$BLDR, $DY, $MTZ, $DY, all OTM calls 75-100 DTE, totaling 6.5k. Thesis: Hurricane Milton will cause substantial damage in FL, and the construction and material suppliers will see increased revenue post disaster. I asked ChatGPT o1 to pick these tickers and made a directional bet. Exit plan: one week after Milton hits and market has fully reacted to the aftermath. Finally, I still do not like the risks and will not make this type of trade again.
BECN or BLDR, HD acquisition of SRS will benefit the company as well.
I think you would have to be extremely astute and read a fair bit before you can beat any of the indexes. I've had good successes this year that have really helped boost my porfolio performance. Some of my best investments this year have been: * NVDA * LLY * ONON * BLDR * CMI I found these companies through either just reading market reports here and there, or they have products that either I or people in my circle consumer and can vouch for. On the flipside, I've also put money into the following: * GME * AMD * SOFI * INTC I do have other picks that have kinda gone nowhere. As a rule of principal, I put half my paycheck into ETFs and the other half into the individual stocks that I find. I personally think this is a great approach because its worked out for me.
You could have said NVDA or AAPL was "too high" for pretty much any point in their history. The reason why $BLDR's stock chart looks so high is because the underlying business has been doing EXTREMELY well.
The more you know about the business and industry, the longer and the more gain you can hold. Let the profit run (until the target price). For example, already have very nice gain on BLDR and still holding it (target price is 10% away).
I was think of doing a longer post, but this will suffice... I'm waning in my bullishness on builders for a few reasons, but I don't think increasing competition from existing homes is one. People are really fixating on the rate lock because it was the driving narrative on builders for the last 2 years, and it partly explains why they held up nicely the last two years. However, builders were doing great in a low rate environment with a liquid existing home market. I don't think that would change going forward. However..... Rentals saw a huge boom in construction during the low rates of covid. A lot of those projects are going to be hitting the market soon. There's already downward pressure on rents on some popular markets. I think this is the competition that will hurt builders: people passing on buying as rent declines. Also, the builders have run up a ton because it seems like an obvious play right now. Everyone is talking about house shortages. I think the sector is overbought. I mentioned yesterday that DHI is pricing in 10-20% growth based on their multiple. I don't think that's happening. I loved the builders when the market was pricing on a decline in earnings that I didn't agree with. I too like.the suppliers/land owners. I'm still long EXP and JOE, and IBP is near the top of my buy list. BLDR gets thrown around a lot too, it's just not my favorite.