3 “Strong Buy” Infrastructure Stocks Ready To Run In 2021
Analysts expect CX’s revenue to increase 1.9% for the quarter ending March 2021, and 5.9% next year. The company’s EPS is expected to increase 120% for the current quarter ending December 2020, 172.7% next year and at a rate of 33.2% per annum in the next five years.
CX completed its acquisition and merger of Southdown, Inc. (SDW) in November. And a couple of months ago, it announced that it is the first company in its sector to target a carbon emission reduction in its European operations by at least 55% by 2030. On a year-to-date basis, CX has rallied 48.2% to close yesterday’s session at $5.63. During the past six months, CX soared 95.8%.
It is no surprise that CX is rated “Strong Buy” in our POWR Ratings system. It also has an “A” for Trade Grade, Buy & Hold Grade, Peer Grade, and Industry Rank. In the 42-stock Industrial – Building Materials industry, it is ranked #6.
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