Stockchase Insights Vulcan Materials Co. VMC-N BUY ON WEAKNESS Jun 21, 2023

A very well run company with quarries around San Antonio. When prices fell, they used technology to reduce production. They will do exceptionally well.

She likes materials as a sector because they have one of the highest earnings projections for next year and this company has a lot of highway projects where the government is spending a lot of money and it could go two or three years out. (Analysts’ target: $141.50).

Excellent business that is very stable.
Road building company that provides essential service for infrastructure spending. 
Large US Federal contracts. 
Stable revenue streams.
High barriers to entry. 

These are two of the better names in this space. Performance so far this year has been strong in earnings and balance sheet. Disagrees with that downgrade and he continues to hold.

They make concrete and have a lock on the US South. It's an election play, building infrastructure (roads) and Americans need to spend on this. He sold it because it had a good run and this sector may not be as robust as he thought.

Likes this space. Demand for construction will still increase; these stocks have done little in the past 2 years. There's no other competition. Earnings will rise.