6 cement stocks to buy immediately | Invest U

2021-11-24 03:20:42 By : Mr. Fred Zhang

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Have you been listening to the news lately? If so, you might think that cement stocks are now a good investment. You may have heard of Biden's huge infrastructure bill. The $4.5 trillion bill proposal includes $110 billion to focus on bridge and road repairs and other "major projects."

Repairing these roads and bridges also requires a lot of cement. Be prepared for its strong demand. There is also a shortage of housing, which may lead to more cement demand.

You can invest in the following companies to take advantage of the upcoming cement demand growth...

Eagle Materials is headquartered in Dallas, Texas. It produces various building materials. These include cement (of course), concrete, construction aggregates and wallboard. Eagle Materials strives to become the lowest cost producer in its industry. It ensures that every product it produces is the same.

Its market capitalization is $5.6 billion, and its revenue has increased by 11% compared to the second quarter of last year. Its net profit and net profit margin declined slightly. But it is wise to assume that they will return to high growth soon.

Since March 2020, the stock has been rising. It hit a new all-time high a few months ago, at approximately $160. Because it has fallen back, this may be a better buying opportunity.

The company’s leadership also looks good. Every leader has experience related to his field.

CRH produces a variety of building materials. It is headquartered in Dublin, Ireland and was established in 1970. It is a diversified multinational enterprise group that produces construction materials.

CRH's stock hit a low of around $20 in mid-March 2020. Since then, the bull market has been rising sharply. At the time of writing, the price is not much lower than $50.

With a market capitalization of 36 billion U.S. dollars, its financial position in the second quarter of 2021 looks good. Revenue increased by 15%. Net income increased by 95%. Finally, the net profit margin increased by 69%.

According to its website, CRH is the world's leading building materials company. The company operates in 29 countries/regions and has revenues of US$27.6 billion in 2020.

In addition, the company recently launched a stock repurchase program. The company is repurchasing up to US$300 million or 10% of its business shares. This is a sign of the company's financial health. It helps make it one of the best cement stocks.

James Hardie is another company based in Dublin, Ireland. This house was established in 1888! James is the world's number one marketer and producer of high-performance fiber cement. It is also the world's number one fiber gypsum construction solution. It also produces cement siding and pads.

The company's market value is $16 billion. The financial situation of this cement stock is also very good. In the last reporting quarter, revenue increased by 35% over last year. Net income is as high as 121 million U.S. dollars. This is an increase of more than 1,000% over last year. The net profit margin has climbed to 14%.

The stock price has risen sharply since March 2020, from $10.33 in March 2020 to more than $40 in the past few months. Throughout the years of James stock’s history, there has always been a pattern of higher lows and higher highs.

Loma Negra is a company based out of Argentina. It is the largest producer of concrete, cement and lime in the country. It was founded in 1926 and its current market value is $1.6 billion.

Its quarterly earnings have fallen from last year, but its price-to-earnings ratio is about 7, which means it may be undervalued. Its stock price fell to a low level in March 2020, but it has been slowly recovering.

Zacks lists Loma Negra as a holding company with value, growth and momentum A. Even if they classify it as holding, the purchase may be rewarded. Just make sure your investment portfolio is balanced and ready for anything.

Cemex is a Mexican company that does business in many countries. It produces and distributes cement, ready-mixed concrete and aggregates in more than 50 countries. It was founded in 1906 and now has a market value of more than 10 billion U.S. dollars.

Like many cement stocks on this list, it is undergoing a slight downward correction. But I expect this to recover soon with infrastructure spending.

We are likely to obtain materials from our neighbor Mexico. Like thousands of other stocks, this stock fell sharply in April 2020. After that, it began to climb steeply and steadily. Now it sees the correction I mentioned earlier.

Vulcan Materials was founded in 1909 and is headquartered in Birmingham, Alabama. Its market value is close to 23 billion U.S. dollars. Its mission is to provide customers with high-quality products. It also strives to be an environmentally responsible steward. The last part of its mission is to provide outstanding returns to its shareholders.

Vulcan Materials' dividend yield is not much lower than 1%. As cement stocks are getting higher and higher, production is declining.

Vulcan was rated as sold by Zacks and given C in terms of value, growth and motivation. It would be wise to conduct more research on this company. The government will need a lot of cement. If it is not enough, it may grab whatever it can get.

Certain versions of the infrastructure bill are about to be introduced, which will help push up cement demand. Therefore, investing in some of the above cement stocks may be a wise move. The demand for cement and building materials continues to increase.

As always, conduct due diligence first. If you are interested in more investment opportunities, please check these water stocks and electric vehicle charging station stocks. You can also register for Profit Trends below. This is a free e-mail that contains tips and tricks from investment experts.

Vanessa Adelman graduated with an interdisciplinary degree. She majored in entrepreneurship, painting, music and film. Soon after, she received copywriting guidance from Mark Morgan Ford. Then, she obtained AWAI certification. Now, Vanessa is a freelancer in the direct response industry of finance. She started investing in 2016. In her free time, she likes books about money and wealth. She likes to be with her boyfriend, hunting, fishing and outdoor adventures.