Why Caesarstone Is Poised to Keep Surging

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, quartz surface manufacturer Caesarstone has earned a coveted five-star ranking.

With that in mind, let's take a closer look at Caesarstone and see what CAPS investors are saying about the stock right now.

Caesarstone facts

Headquarters (founded)

MP Menashe, Israel (1987)

Market Cap

$1.1 billion

Industry

Construction materials

Trailing-12-Month Revenue

$305.7 million

Management

CEO Yosef Shiran

CFO Yair Averbuch

Trailing-12-Month Return on Equity

20.8%

Cash / Debt

$73.2 million / $20.4 million

Competitors


Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 99% of the 93 members who have rated Caesarstone believe the stock will outperform the S&P 500 going forward.

Just yesterday, one of those Fools, All-Star RSue, succinctly summed up the bull case for our community:

There is huge opportunity for Caesarstone's engineered quartz countertop material to disrupt the large North American granite countertop market based upon this established trend in Caeserstone's home market of Israel and second largest newer market of Australia where the brand name has become synonymous with engineered quartz. Caeserstone will also likely benefit from the tailwind of the continuing recovery of the housing market in North America.

With the American markets reaching new highs, investors and pundits alike are skeptical about future growth. They shouldn't be. Many global regions are still stuck in neutral, and their resurgence could result in windfall profits for select companies. A recent Motley Fool report, "3 Strong Buys for a Global Economic Recovery", outlines three companies that could take off when the global economy gains steam. Click here to read the full report!

The article Why Caesarstone Is Poised to Keep Surging originally appeared on Fool.com.

Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool recommends Caesarstone. 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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