Advertisement
Singapore markets open in 1 minute

  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Bitcoin USD

    64,575.02
    -2,156.46 (-3.23%)
     

  • CMC Crypto 200

    1,396.16
    -27.94 (-1.96%)
     

  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     

  • Gold

    2,330.60
    -7.80 (-0.33%)
     

  • Crude Oil

    82.75
    -0.06 (-0.07%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • Nikkei

    37,996.81
    -463.27 (-1.20%)
     

  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     

  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     

  • Jakarta Composite Index

    7,174.53
    -7,110.81 (-49.78%)
     

  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

This Lesser-Known Industrial Products Company is Red-Hot -- Will it Continue?

Brian Bent, The Motley Fool
·4-min read
This Lesser-Known Industrial Products Company is Red-Hot -- Will it Continue?

BlueLinx Holdings (NYSE: BXC) is a wholesale distributor of materials for residential and commercial construction projects that is certainly benefiting from the housing boom. Due to the nature of its business, the company's fortunes are tied indirectly to the supply and demand dynamics in the housing market. Bluelinx provides the materials homebuilders use to construct and renovate real estate and in some ways, it has been viewed as a proxy for the real estate market.

Continue reading