Vulcan Materials Company (VMC)

Waiting for stimulus spending to begin on construction projects. This company will be a beneficiary.
-rof

With the current stimulus underway, there will be a need for building materials. While a small part of VMC's materials are residential construction too, that will have to sit awhile. But I feel that other construction projects will make VMC's profits in the next 6-12 months.

This company's performance will beat the S+P as long as Obama keeps pumping in the money. Afterward, it will track the S&P and fall when it crashes again.

dip. looking for 5-10% in a month

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This account tracks the performance of the investment firm Ruane, Cunniff, and Goldfarb - the investment manager of Sequoia Fund.

Stimulus package will impact ashpalt demnad and this is the comparny that will benefit

Long term construction projects will harness this comapnies unique assets

stim play

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.

Cars. roads and new development will come back.

Hunch...

Vulcan Materials is the largest producer of aggregates in the US, and also manufactures cement, concrete and asphalt. It should be a good performer with the amount of infrastructure projects required just to keep the vast area of highways in this country in good shape, let alone to modernize and update them to keep up with growing traffic. Other large infrastructure projects are going to require large amounts of cement and concrete as well. Pays a decent dividend, which appears to be safe for now.

Lots of aggregates will be needed in the next few years to build and/or rebuild roads, bridges, airport runways, etc. Infrastructure spending will be a top priority.

In a nutshell ---Our country needs a lot of roads fixed , and a lot of people need to work !

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.

This looks like a good value, and with increased infrastructure spending coming, I think increased revenue for Vulcan will follow.

Good earnings.

Graham formula gives me a fair value of $40.73, a discount of 11% to the current market price of $36.53 (which is close to the book value). Add to that a nice 5% dividend, and the fact that this construction-related company will benefit from infrastructure spendings, and I think this might be a winning pick.