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Cement Companies Could Benefit from Japanese Disaster

tsunami damage in JapanThe rebuilding of Japan will require large amounts of basic materials. One such material is cement. Cement is used in virtually every type of large building or factory.

It might be helpful to look at some cement stocks. Here are just a few, along with their recent share prices:

  • Lafarge Coppee (LFRGY): $14.00. One of the world's largest cement and gypsum manufacturers.

Continue reading Cement Companies Could Benefit from Japanese Disaster

Cemex (CMX): 'Solid' play on infrastructure

This post is part of a special report, A Dozen Ways to Play an Obama Building Boom.

"I think we have bottomed in some sectors, including commodities and materials," explains Glenn Rogers. In Internet Wealth Builder, he explains, "President-elect Obama has said he will pour hundreds of billions into projects.

"The Chinese and the Europeans have also committed to huge amounts to infrastructure spending." Here, he looks at one play on this trend -- Cemex (NYSE: CX).

"If you want to venture back into the stock market at this point and you're a long-term investor, my advice is to buy high-quality names with low P/E ratios, no debt coming due next year, and the sustainable ability to pay a dividend.

"Late last month, this Mexican cement giant traded as low as $4.01. Then President-elect Obama announced his plan to spend billions on infrastructure projects and guess what happened?

"The share price shot up on the expectation that infrastructure spending will translate into a growing demand for cement.

"Cemex shares traded as high as $11.35 before pulling back to close the week at $8.16. That's still more than double the November low but this is a stock that was trading at over $30 last June so it still looks like good value at this level.

Continue reading Cemex (CMX): 'Solid' play on infrastructure

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 02:47 AM

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