CRH PLC (ADR) (NYSE:CRH)

An Irish construction company tied to American and European construction markets, CRH has suffered from the recent slowdown in those markets (off almost 30% since July). For a company whose fundamentals haven't changed, and in a period where the market and the economy has strong underpinnings and needs only to get over specific issues, that sounds like a buying opportunity to me.

... this is company that has mostly prospered from the Irish building boom though I believe in the long term they will recover in the short term they will struggle as the houing building market struggles. they recently have invested in Chinese construction companies though time will tell how this invest goes

well diversified. well managed. good yield. low p/e. a natural & proven growth record. strong balance sheet. all the ingredients of an anchor stock. now on sale.

Infastructure leader. Boooorrring but beeeeautiful.

There couldn't be a more boring industry than concrete - which is what makes this such a great Peter Lynch style stock. Great company with terrific financials. P/E of less than 15. 18.42% ROE. Current assets doubled over the past 5 years. Total assets more than doubled over the same period. Retained earnings growing nicely. The only downside is a recent increase in debt.

Helping Ireland build it's new future.

Éirinn go Brách!

Recent acquisition activity in sector will focus markets views on underlying assets and rearte the sector. CRH well positioned to gain from this.

More than building materials, this company has divisions with landscaping products (bag rock, pavers, wall, etc.). I worked for a company that got bought by Oldcastle (CRH) and was impressed with the company. Sure many of the retail division's managers are brown-nosing buffoons, but they really have no effect on the company, as their field reps are fantastic and more than overcompensate for the middle manager inefficiencies. The top level execs are superb. So, I'd say top and bottom this is a first rate company who if it cannot beat a rival simply buys them.

5*

Price 41.30
Support 36.31
Pivot Point 42.30
Resistance 48.29

housing starts down and $ down so will report reduced earnings in euros in which it accounts

More to follow

I have held this stock for 20 years. The management has always been sound (apart from a tax scandal). I like their strategy of integrating small bolt-on acquisitions - it has worked well.