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Stock impact report

QXO: I Am Placing A Bet On The CEO [Seeking Alpha]

QXO, Inc. (QXO) 
Company Research Source: Seeking Alpha
Jacobs' proven track record in consolidating fragmented industries and driving operational efficiencies underpins the investment thesis for QXO. Recent acquisitions, including Beacon Roofing Supply, and disciplined capital allocation highlight QXO's aggressive yet prudent growth strategy. I initiate a buy rating on QXO, citing Jacobs' history of value creation and confidence in the company's ability to execute its ambitious growth plans. peeterv/iStock via Getty Images Following the unusual $1B cash investment in SilverSun Technologies in December of 2023, Brad Jacobs and his team at Jacobs Private Equity effectively gained control of the public company. His team spun off the existing business of SilverSun This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of QXO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for Show less Read more
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