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Chasing Value: Cemex and LaFarge look solid

Looking to put new money in the market and trying to build my portfolio on a stable foundation, I find myself thinking about concrete.

The top three cement companies are all headquartered outside of the United States. The number three producer CEMEX S.A. B de C.V. (ADR) (NYSE:CX) is in near by Mexico and the number one producer LaFarge ADS (NYSE:LR) is French owned. The number two producer is a great Swiss company, HOLCIM, but its shares are only traded over-the-counter on the so-called "pink sheets," and those I won't touch.

Continue reading Chasing Value: Cemex and LaFarge look solid

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Last updated: November 11, 2009: 04:51 PM

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