Investing.com — Builders FirstSource (NYSE:) has been one of the largest beneficiaries of the most recent rotation trend in the broader market.
Amid growing expectations that the Fed will cut rates in September, the usually low-beta stock has gained a fantastic 14% over the last four market sessions and looks set to keep on rising. it is set to open higher again today as of this writing.
Similarly, several other lesser-known names—particularly on the mid- and small-cap spectrum—are also gaining big time, indicating that the rotations may just have legs.
But are you banking on this trend, or are you still holding the same overextended names from the first half of the year?
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Source: ProPicks
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