First Eagle Comments on Martin Marietta Materials
- By Holly LaFon
Martin Marietta Materials Inc. (NYSE:MLM), a supplier of aggregates and other heavy construction materials, was impacted by concerns over freight cost inflation, rail logistic problems, and construc-tion labor shortages. There were also concerns about the impact of the recent hurricane on Martin Marietta's North Carolina quarries.
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The intrinsic value of MLM
From First Eagle Investment (Trades, Portfolio)'s First Eagle Fund of America's third-quarter 2018 shareholder commentary.
This article first appeared on GuruFocus.
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The intrinsic value of MLM