Stocks To Benefit Due To The Us Government

Discussion in 'Trade Journals & Stock Tips' started by finguy101, Jun 4, 2021.

  1. finguy101

    finguy101 Member

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    Mexico's Cemex, a $12 billion cement giant, earns its place as one of the best stocks to buy for June for a couple reasons. First, there's a massive infrastructure bill coming down the pike on Capitol Hill – one that already looks likely to exceed $1 trillion even after Democrats and Republicans reach a compromise.

    With roads, bridges and other infrastructure across the U.S. in dire need of upgrades, Cemex is poised to benefit from the rapid spike in government-driven demand, with cement and asphalt products destined to move quickly. On top of that, there's a construction boom from the private industry as well, especially in residential, where a housing shortage is driving up prices.

    Cemex is a momentum stock right now, up around 240% in the last year, but also simultaneously a value stock, trading for around 12 times forward earnings.

    Track Cemex's performance here: CX Cemex SAB de CV ADR 8.36 : Zyne finance
     

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