Cemex, Second-Best Materials Stock of the Year
Construction materials company Cemex is up huge this year -- 70.67% since the beginning of January -- and it's mostly due to the company's earnings growth in the U.S. Earnings accounted for half of the company's EBITDA this year, with American earnings for its cement business up 16%, its aggregates up 10%, and its ready-mix cement up 16%. In this video, Motley Fool materials analyst Taylor Muckerman tells us what we can expect from this company in 2013, as the housing market continues to recover, and construction demand continues to grow.
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The article Cemex, Second-Best Materials Stock of the Year originally appeared on Fool.com.
Joel South has no positions in the stocks mentioned above. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Sherwin-Williams. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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