Jim Cramer on TopBuild: "I Would Do Some Trimming of That Stock"

TopBuild Corp. (NYSE:BLD) is one of the stocks Jim Cramer recently offered insights on. During the lightning round, a caller asked about the stock, and Cramer replied:

“Yeah, okay. Building stock, I can’t, I think the stock is well ahead of where it should be. Even though I like the company, the rest of the cohort is down. I would do some trimming of that stock.”

TopBuild Corp. (NYSE:BLD) supplies and installs insulation and building materials, including glass, roofing, gutters, and shelving, for residential, commercial, and industrial construction markets. On October 9, Truist increased the company’s stock price target to $390 from $370 and maintained a Hold rating. The firm stated that its acquisition of Specialty Products expands its position in industrial insulation distribution and fabrication. Truist noted that after this transaction and a recent commercial roofing installation deal, non-residential operations now represent 47% of the company’s business.

While we acknowledge the potential of BLD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.