Builders FirstSource: Foundation Looks Weak Despite Earnings Beat
1. BLDR stock is down nearly 50% from all-time highs. 2. Recent earnings easily met expectations but reveal structural risks. 3. Phase 9 of the Adhishthana cycle indicates potential weakness ahead. 4. Net income fell 57% year-over-year, suggesting deeper issues. 5. Long-term stability may require waiting for structural improvements.