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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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pencils2 (99.83) Submitted: 5/25/06 3:30 PM : Start Price: $27.70 CX Score: -28.71
Cement is an industry that will be booming in India, Russia, South America, and China (Along with other areas), and Cemex has operations in all of those places. A 100-year-old company with increasing income, high EPS, low P/E compared to the industry average, and the price has recently taken a hit. I see a great opportunity here for the long run as long as cement stays in high demand.
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