Vulcan Materials Company (NYSE:VMC)
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The Company is a producer of construction aggregates and a major producer of asphalt mix and concrete. Its business consists of the production, distribution and sale of construction aggregates and other construction materials and related services.
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One word, OBAMA! When all of the new construction on highways and interstates gets in gear from this stimulus money, I think this stock will soar.
To do the permanent fix to roads versus the temporary fix it costs at least $100,000 per mile of road. A dirt road is $10,000 per mile. Which one do you think a State Government with a huge budget deficit will choose in the near future? Hence, tomorrow I am dumping my green thumb on VMC. Jim Cramer was *wrong* about this one.