Builders FirstSource (BLDR) is a supplier and manufacturer of structural and related building products for residential new construction. This stock is trading up 8.6% at $3.90 in recent trading.
Today's Range: $3.61-$3.9652-Week Range: $1.01-$3.64 Volume: 748,000 Three-Month Average Volume: 211,318 Shares of BLDR are ripping higher today after BB&T upgraded the stock from hold to buy. From a technical perspective, BLDR is following through today after breaking out recently above some major past overhead resistance at $3.39. At last check, volume today is well above the average action and the stock has tagged a daily high of $3.96. As long as BLDR can continue to trend above $3.39, then this stock should easily hit its next major resistance levels at $4.30 to around $5. Follow @stockpickr