3 Top Building-Materials Stocks to Buy Now
If you've been avoiding building-materials stocks so far, it's time to rethink. Whether President Trump's ambitious plans to spend $1 trillion to rebuild America's infrastructure will come to fruition is anyone's guess, but the building-materials industry looks headed for an upturn, going by the recent rise in housing starts, building permits, and construction spending in the United States.
For investors, this is an opportune time to consider stocks of companies that manufacture and supply materials used in housing, construction, and infrastructure. Think aggregates, concrete, cement, bricks, and glass, or building products like roofing and fixtures that are used for repairs.
Building materials is a highly fragmented industry, though, with several manufacturers fighting it out to gain market share. Here are some of the largest building-materials stocks today:
Source: Fool.com
Martin Marietta Materials Stock
We see a rather positive sentiment for Martin Marietta Materials with 16 Buy predictions and 1 Sell predictions.
With a target price of 577 € there is a slightly positive potential of 15.08% for Martin Marietta Materials compared to the current price of 501.4 €.
