4 Interesting Stocks That Have Doubled. They’re Cheaper Than the S&P 500, Too.

📆 24-08-23 18:18:00
📰 MarketWatch

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Home-building and manufacturing stocks may not be the most exciting, but the financials of a select few suggest a sturdy foundation.

Though home-building and manufacturing stocks may not be the most exciting, four of them have not only managed to double over the last year, but they still trade cheaper than the S&P 500.

Builders FirstSource Builders FirstSource, which manufactures building materials and is based in Irving, Texas, has soared 113% over the last 12 months, is trading around $137 a share, and has a P/E of 10.6. “We believe our industry will continue to benefit from strong fundamentals, including favorable demographic trends and an undersupply of housing,” CEO Robert Schottenstein said in the earnings release. “Looking ahead, we are well positioned to continue delivering strong results.”

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