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Markets rally after PowellInflation worries marketsU.S. stocks climb on Fed minutes, TSX weakens on oilThis summary was created by AI, based on 2 opinions in the last 12 months.
Martin Marietta Materials (MLM-N) has been on a strong performance track this year, with the company making an all-time high in revenue and defying the manufacturing recession. Experts disagree with recent downgrades and continue to hold the stock, citing strong earnings and a solid balance sheet. The company also benefits from its operations in hot building markets such as Texas, Colorado, and Florida. Overall, the outlook for MLM-N is positive, with potential for continued growth and success.
Making an all-time high today and defying the manufacturing recession. Full-year revenue is up 10%. They benefit from where they operate--Texas, Colorado, Florida--where residential and infrastructure building are hot.
Shares fell in 2022 by 23% due to recession fears, but is up 30% this year because they money is finally coming. The CEO sees 3-4 years of business. Trades at 24x forward PE, but expects that to decline because they keep beating their quarters.
Was upgraded today and a big infrastructure spend lies ahead.
(A Top Pick Sept 29/15. Up 21.75%.) Construction aggregates. This had a very good path. If you think there could be fiscal stimulus in the US, companies like this are going to do very, very well.
A universally hated sector with a stock that has behaved very well. It is number 1 in 85% of their markets. They have pricing power and raise them every year. No competition from off shore. This is a very stable business that generates boat loads of cash.
Martin Marietta Materials is a American stock, trading under the symbol MLM-N on the New York Stock Exchange (MLM). It is usually referred to as NYSE:MLM or MLM-N
In the last year, 2 stock analysts published opinions about MLM-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Martin Marietta Materials.
Martin Marietta Materials was recommended as a Top Pick by on . Read the latest stock experts ratings for Martin Marietta Materials.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Martin Marietta Materials In the last year. It is a trending stock that is worth watching.
On 2024-12-04, Martin Marietta Materials (MLM-N) stock closed at a price of $582.23.
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.