The Latest Breaking News from CRH

As the interest-rate hikes by the Fed are expected to come to an end, quality stocks such as CRH plc (CRH), Engie Brasil Energia (EGIEY), and Hywin Holdings (HYW) have shown solid momentum lately and are well-positioned to keep portfolios immune to unpleasant surprises in the earning season. Continue reading….

Encouraging economic signs as construction activity rises at fastest rate for nine months in February, and UK car market grows for seventh month running

With the gradual resumption of construction projects that were suspended due to the COVID-19 pandemic, the demand for basic materials is increasing. And despite lingering logistical hurdles, Federal policies to boost domestic production of basic materials should drive the sector’s growth. Therefore, we think it could be wise to scoop…

The stock market has been volatile lately amid investors’ anticipation of Federal Reserve interest rate hikes, skyrocketing inflation, supply chain disruptions, and a war between Russia and Ukraine. However, investing in companies with strong fundamentals and impressive growth prospects could help hedge market risks. So, we think it could be…

Despite the supply shortages and higher transportation costs being caused by the Russia-Ukraine war, rising demand with the reopening of the global economy should drive the building materials industry’s growth. So, we think it could be wise to bet on oversold building materials stocks CRH (CRH) and CEMEX (CX), which…

CRH PLC (NYSE:CRH) reported FY21 sales growth of 12.3% year-over-year to $30.98 billion, +8% on an organic basis. Sales by segments: Americas Materials $12.41 billion (+10.1% Y/Y), Europe Materials $10.58 billion (+15.7% Y/Y), and Building Products $7.99 billion (+11.4% Y/Y). The gross margin expanded by 64 bps to 33.9%. Operating profit increased by 58.4%…

Due to rising inflationary pressure and supply chain constraints, the basic materials sector has experienced significant headwinds. However, an improving global economy, rapid urbanization, and heavy demand across industries will likely accelerate the sector's performance in the near term. Therefore, we think it could be wise to buy the dip…

Despite current market disruption that is driven by a resurgence of COVID-19, rising inflation, impending interest rate increases, and supply chain challenges, the near-term outlook for the infrastructure industry looks bright thanks to rising construction and other activities in a reopening economy. Thus, we think it could be wise to…