QXO: An Inexpensive Way To Bet A Proven Jockey [Seeking Alpha]
QXO, Inc. (QXO)
Company Research
Source: Seeking Alpha
Summary QXO, formerly SilverSun Technologies, transformed into a cash-rich entity under Brad Jacobs, aiming to consolidate the $800B building products distribution industry. Jacobs' successful "roll-up strategy" and proven track record in previous ventures like XPO and United Rentals suggest significant potential for value creation. Despite the current housing market downturn, Jacobs sees an opportunity to acquire undervalued suppliers, enhancing profitability through technology and efficient management. The current $1.2B enterprise value presents a discounted entry point, offering investors a promising upside as Jacobs applies his value-adding playbook. yoh4nn/E+ via Getty Images QXO, Inc. ( NASDAQ: QXO ) was until recently a small-cap software company called SilverSun Technologies. This changed late in 2023 when serial entrepreneur/M&A investor Brad Jacobs announced an investment of $1B into the company through a This article was written by Dan Stringer 3.32K Foll
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QXO
News
- European Shares Edge Lower as Focus Turns to Fed, BOE Decisions [BNN Bloomberg (Canada)]BNN Bloomberg
- Rexel's Largest Holder Cevian Backs Firm in Spurning QXO Bid [Financial Post (Toronto, Ontario, Canada)]Financial Post
- QXO Reports Second Quarter 2024 ResultsGlobeNewswire
- Oppenheimer analysts see fertile ground for Jacobs' plans at new venture QXO [Yahoo! Finance]Yahoo! Finance
- QXO's Share Plunge Erases $37 Billion in Paper Value [Yahoo! Finance]Yahoo! Finance
QXO
Sec Filings
- 8/28/24 - Form 4
- 8/14/24 - Form 10-Q
- 8/14/24 - Form 8-K
- QXO's page on the SEC website