Summary

• 100% Technical buy signals.
• 11 new highs and up 21.17% in the last month.
• 99.01% gain in the last year.

The Barchart Chart of the Day belongs to the construction products company Builder's FirstSource (BLDR).  I found the stock by using the Value Line Investment Survey screener to find the stocks that are in the 100th percentile in their Price Growth Persistence ranking.  They rank almost 4100 stocks for their Price Growth Persistence so these are the best in their view.  I loaded that list into Barchart then sorted for the highest Weighted Alpha and technical buy signals and used the flipchart feature to review the charts for consistent price appreciation.  Since the Trend Spotter signaled a buy on 10/7 the stock gained 53.52%.

Builders FirstSource, Inc., together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. The company operates through four segments: Northeast, Southeast, South, and West. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products under the Synboard brand name. The company also offers gypsum, roofing, and insulation products, including wallboards, ceilings, joint treatments, and finishes; and siding, metal, and concrete products, such as vinyl, composite, and wood siding products, as well as exterior trims, other exteriors, metal studs, and cement products. In addition, it provides other building products and services, such as cabinets and hardware, as well as turn-key framing, shell construction, design assistance, and professional installation services. The company was formerly known as BSL Holdings, Inc. and changed its name to Builders FirstSource, Inc. in October 1999. Builders FirstSource, Inc. was founded in 1998 and is based in Dallas, Texas.

Barchart technical indicators:

• 100% technical buy signals
• 129.13+ Weighted Alpha
• 99.01% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 21.17% in the last month
• Relative Strength Index 69.79%
• Technical support level at 84.08
• Recently traded at 84.05 with a 50 day moving average of 70.64

Fundamental factors:

• Market Cap $16.30 billion
• P/E 9.92
• Revenue is expected to grow 128.50% this year
• Earnings are estimated to increase 201.00% this year and continue to increase an annual compounded rate of 18.80% for the next 5 years
• Wall Street analysts issued 10 strong buy and 3 buy opinions on the stock
• The individual investors following the stock on Motley Fool voted 238 to 52 that the stock will beat the market with the more experienced investors voting 48 to 4 for the same result
• 7,910 investors are monitoring the stock on Seeking Alpha