$11.32
-0.11 (-0.96%)
Cemex S.A. B de C.V. (ADR) (CX)
CAPS Rating:
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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With all the money being pumped into the world economy by the US and other nations, the current slump is going to be sharp, but short lived. When the economy picks up, this industry will be ahead of the curve and the company will be able to take advantage of the inflationary prices that are a certain consequence of the excess money.