|Day Low/High||52.74 / 53.54|
|52 Wk Low/High||28.81 / 54.78|
Settlement clears path for a productive commercial relationship
In recent trading, shares of TopBuild Corp have crossed above the average analyst 12-month target price of $47.75, changing hands for $48.99/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Since the spinoff, shares of TopBuild have rallied 50% and Cramer said the move is not yet over.
Jim Cramer says don't give up the ship, don't bail; stick with your investment plan and hold on for the next move up.