Five Cement Stocks to Help Solidify Your Portfolio

If you are looking for a good infrastructure play, maybe cement stocks could be a solid foundation for you portfolio. Did you know that many thousands of years ago,cement was made out of cow dung, along with lime and mud. This cement was called 'daub.'

All of the following have market caps above $1 billion:

CRH PLC (CRH) is an Ireland-based cement and building materials manufacturer. The stock has a P/E of 10.99, a PEG of 1.19, and a yield of 1.10%.

Cemex (CX) is a Mexico-based cement and construstion materials manufacturer. The stock has a P/E of 9.7, a PEG of 3.42, and a yield of 2.60%.

Eagle Materials (EXP) is a Texas-based manufacturer of cement and gypsum wallboard. The stock has a P/E of 12.23, and a yield of 2%.

James Hardie Industries (JHX) is a Dutch manufacturer of cement products. The stock has a P/E of 17.32, a PEG of 2.3, and a yield of 4.70%.

Texas Industries (TXI) is a Texas-based manufacturer of cement and building materials. The stock has a P/E of 21.75, a PEG of 1.54, and a yield of 0.40%.

JHX vs. CX vs. EXP vs. CRH vs. TXI 1-yr chart:

Disclosure: The author does not own any of the above.

Comments

[Daniel Agra...:]

I found this stock the other day, Monarch Cement Co (MCEM); not sure how badly hit they've been by the housing issues, but their balance sheet was decent (except for about 16% LTD/Cap which is borderline for me). They're in Kansas and Iowa and I know these areas haven't been as hard hit by the housing woes.

2008 Jan 29 06:15 PM