Martin Marietta Materials, Inc. (NYSE:MLM)

CAPS Rating: 2 out of 5

Engaged principally in the construction aggregates business which includes crushed stone, sand and gravel, are used for construction of highways and other infrastructure projects, and in the domestic commercial and residential construction industries.

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Member Avatar lh12345 (51.45) Submitted: 12/3/2015 3:15:12 AM : Outperform Start Price: $157.62 MLM Score: +12.87

Highway Bill & Import-Export Bank reauthorization implications
The proposed long term Highway Bill that would fund highway projects for a 5 year time frame, the longest period of authorization in over a decade was agreed in the US House and Senate yesterday, an agreement on the 5 year Highway Bill was worth $305B.
The measure also contains positive news for states and local transit municipalities. Every state would receive a 5% increase in federal highway funding in the first year while Local transit will receive an 8% increase. As it happens even the austerity driven UK managed to find money for a permanent pot hole fund (keeping the roads and traffic moving is pivotal to a functioning efficient economy).

The pairs trade in question are two firms that produce aggregate (yes a very fun subject) so basically stone, gravel etc for road surfaces and other building purposes. The two firms are roughly the same size 10bn and 13bn however trade at vastly different multiples, Vulcan Materials Company 78x and Martin Marietta Materials Inc 39x. Both should see increased orders given the above and both over the longer term have performed very similarly. However over the last year there has been some drift

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Member Avatar TheMNBear (< 20) Submitted: 4/17/2012 12:07:25 PM : Outperform Start Price: $80.22 MLM Score: +70.61

Industry revenue is forecasted to rise at an average annual rate of 8.4% over the five years to 2017. Stronger demand in the highway and bridge construction markets will drive growth. MLM's facilities near rail transportation hubs and navigable waterways will allow it to gain entry to new markets where aggregate supply is limited while minimizing transport costs.

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Member Avatar elzbal (83.82) Submitted: 8/31/2011 2:44:50 AM : Outperform Start Price: $66.84 MLM Score: +94.43

Martin Marietta's building materials business has dropped with the economy and lower demand for its products. But the business will come back with the economy, and at its current price, it seems oversold. A good pick for the patient with a long-term horizon.

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Member Avatar Bojac3728 (< 20) Submitted: 4/15/2009 2:29:36 PM : Outperform Start Price: $76.14 MLM Score: -16.66

Good growth and earnings.

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Member Avatar Radio30 (52.25) Submitted: 2/15/2009 11:29:28 PM : Outperform Start Price: $65.91 MLM Score: +5.28

Infrastructure!

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Member Avatar apchempete (< 20) Submitted: 6/26/2008 10:06:38 AM : Outperform Start Price: $91.77 MLM Score: +28.47

Look for this "dog" of the past six months to start rebound. Low P/E, strong margins, and dividends galore are attractive.

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Member Avatar VulcanMat1 (32.79) Submitted: 3/27/2008 11:07:46 AM : Outperform Start Price: $94.88 MLM Score: +24.68

The economy will recover. You can bet the construction materials market will follow suit. Martin Marietta has proven that they can profit no matter what the market conditions.

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Member Avatar fulanito06 (99.34) Submitted: 3/12/2008 10:02:42 PM : Outperform Start Price: $91.56 MLM Score: +32.60

MLM has gotten beat up since last summer with the downturn in the building sector. It's bottomed out now, and it may not make much noise in the next 9-12 months, but look for big movements after a year to a more appropriate stock value.

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Member Avatar meatball666 (< 20) Submitted: 11/22/2007 6:01:33 PM : Outperform Start Price: $105.03 MLM Score: +16.52

TAKE OVER

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Member Avatar FoolofValue (87.91) Submitted: 11/8/2007 3:58:02 PM : Outperform Start Price: $106.90 MLM Score: +18.08

Martin Marietta's least known divisions. However very very profitable.

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Member Avatar hoodlatchmyatch (51.10) Submitted: 7/30/2007 10:13:28 PM : Outperform Start Price: $120.99 MLM Score: -0.83

Same scenerio as HAL. This company will ROCK!

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Member Avatar Turtleoshaun (< 20) Submitted: 7/13/2007 10:52:39 PM : Outperform Start Price: $141.75 MLM Score: -15.76

low PS high cap strong positive uptrend for 5 years

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Member Avatar alandarge (< 20) Submitted: 4/5/2007 1:04:46 PM : Outperform Start Price: $120.01 MLM Score: -4.53

The need for concrete in China and the US

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Member Avatar mcreilly (88.47) Submitted: 1/19/2007 6:56:08 PM : Outperform Start Price: $95.70 MLM Score: +30.80

With the recent construction boom in some sectors, cement and its raw materials are in demand. Martin Marietta is a provider of the raw materials and has shown tremendous growth in the last year.

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Member Avatar ohioyardman (< 20) Submitted: 1/15/2007 10:06:51 AM : Outperform Start Price: $93.60 MLM Score: +34.90

Good historic earnings growth, plus the name of my hometown is part of it's name.

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Member Avatar jackspratnofat (< 20) Submitted: 1/12/2007 5:26:49 PM : Outperform Start Price: $93.60 MLM Score: +34.90

Rock sand and Gravel, And good DIV!

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Member Avatar NBender (< 20) Submitted: 1/3/2007 12:31:56 PM : Underperform Start Price: $89.64 MLM Score: -43.29

December top

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Member Avatar Rasputin2u (77.03) Submitted: 12/9/2006 3:14:13 PM : Outperform Start Price: $87.59 MLM Score: +45.97

Road/Infrastrucure play ... can you say "highway to nowhere?"

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Member Avatar xds68 (95.77) Submitted: 9/25/2006 8:42:10 PM : Outperform Start Price: $67.28 MLM Score: +96.48

excellent geographic positioning in market w limited supply - gov infrastructure spend will support demand - reasonable valuation

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Member Avatar dm982 (96.62) Submitted: 9/12/2006 3:58:00 PM : Outperform Start Price: $66.39 MLM Score: +97.03

Beaten down (Sept 2006) and very cheap compared to growth (and I believe superior to VMC). Rocks may seem boring but you won't have to worry about foreign competition since it would cost too much to ship. As Peter Lynch said, diversified companies may sell off some pieces of their business due to lack of success but, if they have them, they always keep the rock pits.

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