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A holding company primarily engaged, through its operating subsidiaries, in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates and clinker.
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TMFMattyA (98.93) Submitted: 3/26/08 4:17 PM : Start Price: $25.36 CX Score: -40.05
It's no secret: The construction business is hurting right now, especially in the United States. Fortunately, that reality gives us a chance to buy Cemex at a reasonable price. Doing so puts your money in the hands of a group of talented, candid, and shareholder-minded managers. The downturn is giving Cemex a wonderful opportunity to consolidate a fragmented industry and grow market share. Moreover, the global diversification of Cemex's business will shield them from any major slowdowns in any particular market. This is a quality business that will absolutely outperform over the long-run.
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DozersMom (< 20) Submitted: 5/21/08 10:32 PM
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I concur.
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