Jim Cramer on QXO: "I Don't Bet Against Brad"

QXO, Inc. (NYSE:QXO) is one of the stocks Jim Cramer put under the microscope. Starting the lightning round, a caller inquired about the company, and Cramer commented:

Okay, that’s Brad Jacobs’ company. I don’t bet against Brad. That’s roofing. Normally, it shouldn’t be doing right now in the cycle, but Jacobs will pull it off. You can buy it.

QXO, Inc. (NYSE:QXO) supplies roofing, waterproofing, and building materials, including siding, insulation, and construction accessories. During the lightning round of the January 8 episode, a caller asked Cramer if the company’s stock was a buy. In response, the Mad Money host remarked:

I think it’s a buy because it’s Brad Jacobs. You can’t bet against Brad Jacobs. They do have a 10% short position. I tell you, while I’m not just pounding the table because it’s all the way up, I think it’s a buy.

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