Monday, December 17, 2007

Cement Stocks: A Solid Portfolio Foundation?

Did you know that many thousands of years ago,cement was made out of cow dung, along with 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.

C R H PLC ( CRH ) is an Irish based cement and building materials manufacturer. The stock has a P/E of 10.99 , a PEG of 1.19 , and a yield of 1.10% .

Cemex ( CX ) is a Mexico based cement and construstion materials manufacturer. The stock has a P/E of 9.79 , a PEG of 3.42 , and a yield of 2.60% .

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 4.70% .

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 0.40% .

Author does not own any of the above.

By Fred Fuld at Stockerblog.com

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