Beacon Roofing (BECN) Surges 71% in the Past Year: Here's Why

Beacon Roofing Supply, Inc. (BECN) shares have surged 70.8% in the past year, outperforming the Zacks Building Products - Retail industry’s 24.9% growth.This distributor of residential and non-residential roofing materials, and complementary building products is benefiting from the effective implementation of its Ambition 2025 targets and cost-reduction initiatives. Additionally, its focus on strategic acquisitions, along with investments in digital and productivity enhancements, is encouraging for its pros ...