Did you know that many thousands of years ago cement was made out of cow dung, lime and mud? This cement was called "daub." If you are looking for a good infrastructure play, maybe cement stocks could be a solid foundation for you portfolio. All of the following have market caps above $1 billion.
CRH (CRH) is an Irish cement and building materials manufacturer. The stock has a price-to-earnings (P/E) ratio of 10.99, a P/E-to-growth (PEG) of 1.19 and a yield of 1.1%.
Cemex (CX) is a Mexico-based cement and construction-materials manufacturer. The stock has a P/E of 9.79, a PEG of 3.42 and a yield of 2.6%.
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 4.7%.
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 0.4%.
Author does not own any of the above stocks.
