Drazen_
It’s an election year in the US, and that means construction. Every time a vote looms, there is a scramble to make a show of some high-profile road building and other repairs across the nation. That means road workers have to acquire a lot
CRH plc Is Well Positioned For Continued Growth In Infrastructure Spending
Summary
- CRH plc benefits from increased government spending on infrastructure, especially during election years, making it a strong player in the construction materials sector.
- Despite high debt levels, CRH maintains a solid cash position and stable margins, with revenue expected to grow from $36.26 billion to $38.52 billion.
- The stock trades at a P/E ratio of 16.31 and offers a 1.57% dividend yield, making it reasonably priced with potential for steady earnings growth.
- CRH is a dependable long-term investment, but investors should monitor government spending and margins, as these factors heavily influence the company's growth and profitability.
I’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy Institute for Responsible Statecraft. I have been writing investment analysis, with a focus on deep-discount value plays, for over 25 years. I I got my start analyzing securities for a stock-picking contest on the now defunct StockJungle in college. After winning one of the top prizes for quarterly performance, I was hired to write a monthly article about micro-cap stocks, again with a value perspective. After StockJungle went belly-up, with its focus on momentum investing, I started to take a close interest in the contrarian investment philosophy of David Dreman. I began writing for Motley Fool and ultimately Seeking Alpha. My goal is to find underappreciated companies with a focus on returning value to investors.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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