Seeking Alpha

VMC
Vulcan Materials Company

5/26/2012, 12:33 PM ET
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  • Monday 2:45 PM The sharp pullback in shares of Martin Marietta (MLM +1%) and Vulcan (VMC +3.5%) since February is overdone, KeyBanc says in upgrading each stock to Buy from Hold. On MLM, the firm thinks industry structure remains favorable, reflecting price power on a locally sourced and shipped product. On VMC, the firm sees a "nascent recovery" in its cyclically depressed aggregates. [Quick Ideas, On the Move]
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Company Description

We are the nation’s largest producer of construction aggregates, primarily crushed stone, sand and gravel. We are also a major producer of asphalt mix and ready-mixed concrete and a leading producer of cement in Florida.
We estimate that the ten largest aggregates producers account for... More