Installed Building Products, Inc. IBP has been on an acquisition spree, with the latest being Five Star Building Products, LLC and Five Star Building Products of Southern Utah, LLC (Five Star), and MT Insulation, LLC. However, the financial terms of the deal are not yet disclosed.Situated in Orem and St. George, UT, Five Star mainly installs fiberglass insulation and garage doors for residential and multifamily customers in the Salt Lake City, Provo, and Southern Utah areas. Apart from expanding Installed Building’s footprint in the thriving Utah market, this buyout contributed approximately $25 million to annual revenues.Furthermore, Installed Building took over a Hummelstown, PA-based installer of insulation and gutters, MT Insulation. It mainly serves residential and commercial customers in the greater Harrisburg, Pennsylvania area. This buyout added $4 million to annual revenues.Inorganic Strategies: A BoonAcquisitions remain a key component of Installed Building’s growth strategy. The company has a robust pipeline of acquisition opportunities across multiple geographies, products and end markets.As part of the ongoing strategy to expand geographically and boost its share in certain markets, it completed five business combinations during the first half of 2021, which represented more than $79 million of annual revenues. The company continues to prioritize profitable growth through its proficient strategy of acquiring well-run installers of insulation and complementary building products.Year to date, Installed Building has acquired $108 million of annual revenues, which exceeded the $100 million expectation announced earlier in 2021.Image Source: Zacks Investment ResearchComing to share price performance, shares of this Zacks Rank #3 (Hold) company have gained 18.3% year to date compared with the Zacks Building Products – Miscellaneous industry’s 12.8% rally. You can the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Its earnings estimates for 2021 have moved up 1.2% over the past 30 days, depicting analysts’ optimism regarding the company’s earnings growth potential. Earnings for 2021 are expected to grow 33.4%.Key PicksSome better-ranked stocks in the same industry include Owens Corning Inc. OC, TopBuild Corp. BLD and Armstrong World Industries, Inc. AWI. While Owens Corning sports a Zacks Rank #1, the other two stocks carry a Zacks Rank #2 (Buy).Owens Corning, TopBuild, and Armstrong World’s 2021 earnings are expected to grow 68.1%, 47.1%, and 16.3%, respectively. Tech IPOs With Massive Profit Potential In the past few years, many popular platforms and like Uber and Airbnb finally made their way to the public markets. But the biggest paydays came from lesser-known names. For example, electric carmaker X Peng shot up +299.4% in just 2 months. Think of it this way… If you had put $5,000 into XPEV at its IPO in September 2020, you could have cashed out with $19,970 in November. With record amounts of cash flooding into IPOs and a record-setting stock market, this year’s lineup could be even more lucrative.See Zacks Hottest Tech IPOs Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Armstrong World Industries, Inc. (AWI): Free Stock Analysis Report Owens Corning Inc (OC): Free Stock Analysis Report TopBuild Corp. (BLD): Free Stock Analysis Report Installed Building Products, Inc. (IBP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research