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Can US Concrete Be a Growth Stock?


Can US Concrete Be a Growth Stock?

Although US Concrete (NASDAQ: USCR) is a relatively boring stock, it has rewarded investors with a 660% gain since launching onto the public markets in late 2010. A steady stream of acquisitions has been a major driver of growth in that span, while the timing of dozens of major urban construction projects has helped as well.

On one hand, the company has a top-three position in each of its major markets, which include New York, Washington, Dallas-Fort Worth, and San Francisco. That may hint that growth won't be as easy to come by in future periods. On the other hand, the company boasts a market valuation of just $1.1 billion. That may hint that there's plenty of room to expand into various new ready-mix concrete markets across the nation.

So, can US Concrete be a growth stock?

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Source: Fool.com

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