Reset Expectations for Building Product Businesses Open a Buying Window -- Market Talk

Dow Jones01-07

0841 ET - A pullback among building product firms offer a buying opportunity, says Jefferies in a research note. Building products rallied over the summer when inflation appeared to be on the decline but sentiment has soured since December, say the analysts. Now that the market has priced in a muted growth backdrop, the risk to reward profile looks more compelling, they add. "In particular, the pullback in Ferguson Enterprises, Martin Marietta Materials, TopBuild, Fortune Brands Innovations and Builders FirstSource seem outsized, which have created attractive entry points to quality names that should show good resiliency in the current backdrop," the analysts say. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

January 07, 2025 08:41 ET (13:41 GMT)

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Now that the market has priced in a muted growth backdrop, the risk to reward profile looks more compelling, they add. \"In particular, the pullback in Ferguson Enterprises, Martin Marietta Materials, TopBuild, Fortune Brands Innovations and <a href=\"https://laohu8.com/S/BLDR\">Builders FirstSource</a> seem outsized, which have created attractive entry points to quality names that should show good resiliency in the current backdrop,\" the analysts say. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 07, 2025 08:41 ET (13:41 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reset Expectations for Building Product Businesses Open a Buying Window -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReset Expectations for Building Product Businesses Open a Buying Window -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-07 21:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0841 ET - A pullback among building product firms offer a buying opportunity, says Jefferies in a research note. Building products rallied over the summer when inflation appeared to be on the decline ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1721427968.SGD","symbol_name":"BNP PARIBAS AQUA \"CRH\" (SGDHDG) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2501120439","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501120439","pubTimestamp":1736257260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0841 ET - A pullback among building product firms offer a buying opportunity, says Jefferies in a research note. Building products rallied over the summer when inflation appeared to be on the decline but sentiment has soured since December, say the analysts. Now that the market has priced in a muted growth backdrop, the risk to reward profile looks more compelling, they add. \"In particular, the pullback in Ferguson Enterprises, Martin Marietta Materials, TopBuild, Fortune Brands Innovations and Builders FirstSource seem outsized, which have created attractive entry points to quality names that should show good resiliency in the current backdrop,\" the analysts say. 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