If you bought Builders FirstSource (BLDR) at just over $65 per share one year ago, you’re likely more than pleased at the close of trading on Nov. 9.
Shares of BLDR closed at $121.2 million — an 86.2% increase over its price a year ago.
Beacon, the roofing and building products distributor, has also demonstrated solid year-over-year growth. Shares closed at $73.07 on Nov. 9 and have increased from a price of $58.11 on a year-over-year basis.
At the fuel pumps, the national average price for a gallon of regular gasoline sat at $3.39 on Nov. 10.
This is nearly an 8% drop from a price of $3.68 per gallon one month ago and 10.8% decrease from one year ago.
Key metrics on the near horizon include the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), a barometer of builder confidence, which will be released on Nov. 16.
The Monthly New Residential Construction report featuring housing starts and permits will be released on Nov. 17.