Hey guys, I was talking to ChatGPT about QXO some more tonight, and it linked me this QXO/TopBuild town hall which was really informative and insightful into this accquistion. I don’t know if many of you have read it or seen it so I don’t know if I’m being redundant here but nevertheless give it a read when you get some time very interesting stuff, thanks.
Does QXO do any earnings call ? I know there are two investor Q&A’s available to read through, but does management not do any earnings calls whatsoever?
Is there anyone in this subreddit who works at QXO, or knows anyone who works there that could give us an insight into how things are going ? I know we’re still very early into this whole endeavor, but I’d still like to hear any anecdotes or comments from people who are involved in the day to day.
Any insight would be appreciated, thanks !
I know QXO is currently digesting, optimizing and deleveraging the business, but who do y’all think they might acquire next ? I was looking at Builders FirstSource and they’ve been declining recently and have a market cap of roughly $7B.
I don’t know if this would be redundant or replicative to what they’ve already got but nevertheless, I’m interested in hearing what you guys think !
Edit - I also initiated my position today 300 shares, but my goal is either 3000-4000 shares. I’ve heard all the bad things so far that the bears have had to say, dilution, debt, macro etc. But I forget if it was in his book or Morgan Stanley interview recently but he referenced XPO stock falling from $60 to $30. Now I know some are down huge here, but overall all three businesses are generating what $1b to 1.2B in Fcf. Plus it’s Brad Jacob’s XD