The Latest Breaking News from CX

Continual development of industries and increased adoption of AI in manufacturing is expected to drive growth in the industrial market. While the industry outlook may seem promising, should one invest in industrial stocks CRH (CRH), Owens Corning (OC), and CEMEX (CX)? Read more to find out.

Driven by the surging demand for infrastructural development activities, the building materials industry is set to demonstrate remarkable resilience. Given this backdrop, building material stocks CRH plc (CRH), Heidelberg Materials (HDELY), and CEMEX, S.A.B. de C.V. (CX), with notable fundamental strength, could be solid buys this summer. Read on….

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

Surging inflation and the probability the Federal Reserve will tighten its monetary policy further have driven a massive market sell-off lately. Amid ongoing geopolitical tensions and intensifying supply chain disruptions, investors fear that rising interest rates could push the economy into a recession. Therefore, we think it could be wise…

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…

As the economy recovers from its pandemic blues, the infrastructure sector is set for an impressive rebound. Furthermore, the sector is expected to generate stable returns with solid federal support. So, we think it could be wise to bet now on infrastructure stocks Eaton (ETN), CEMEX (CX), Brookfield (BIPC), and…

Despite rising material prices, due primarily to supply chain disruptions, federal funds allocated for repairing and replacing the nation's bridges, and increasing construction activities in a reopening economy, should drive the demand for construction materials. Therefore, we think it could be wise to bet on construction materials stocks CEMEX (CX),…

Cemex SAB De CV (NYSE:CX) reported fourth-quarter sales growth of 3% year-over-year (+5% on a like-to-like basis) to $3.62 billion, missing the consensus of $3.73 billion. Sales across markets: Mexico $841 million (+1% Y/Y), U.S. $1.09 billion (+8% Y/Y), EMEA $1.19 billion (+1% Y/Y), and South, Central America and the Caribbean $391 million…