Martin Marietta Materials, Inc.

  • A Rock-Solid Investment

    By Marshall Hargrave - August 7, 2013 | Tickers: MLM, TXI, VMC

    The aggregate industry, i.e. crushed rock and stone, has no doubt been hit hard by the slowing economy and weak housing market--but have we finally hit an inflection point?

    The industry has had a number of setbacks of late due a wetter-than-expected spring season and the threat of rising interest rates, which have led to concerns surrounding a possible slowdown in the real estate market. But the recent pullbacks more »
  • Three Pigs Hiding From the Wolf: Recession and Construction

    By Vanina Egea - July 17, 2013 | Tickers: CX, CRH, MLM

    The Great Recession has hit some industries harder than others. The construction industry was hit badly, especially due to its close relationship with the housing market. Additionally, many homes remained empty, fuel-efficiency policies reduced construction funds in the USA, and the European economy continues to struggle. Here are some companies from the troubled industry with great prospects: CRH PLC (NYSE: CRH), Martin Marietta Materials (NYSE: MLM) and Cemex (NYSE: CXmore »)

  • Homebuilder Sentiment Surges Above Expectations

    By Damian Illia - June 28, 2013 | Tickers: MLM, USG, VMC

    Mortgage rates have picked up substantially in recent weeks ahead of the FOMC meeting, reducing homebuyers’ housing affordability. As a result, homebuilders may become concerned about falling demand. On the bright side, the housing outlook remains positive due to housing starts up a strong 28.6% YoY and permits up 20.8% YoY. Moreover, the National Association of Home Builders (NAHB) Housing Market Index, a measure of homebuilder sentiment, surged more »

  • Cement Your Position in This Stock

    By Mark Lin - June 14, 2013 | Tickers: CX, MLM, VMC

    Investing in all about outperforming expectations. A stock that strengthened its balance sheet with significant de-leveraging might outperform another stock with a debt-free financial position. Similarly, the market is more likely to reward a turnaround story with improved valuations than a consistent performer with all the positives already factored into the stock price.

    An improvement in balance sheet strength and the eventual recovery in global infrastructure demand will be the more »

  • Viking Global Increases Its Wager on Cemex

    By Mark Yagalla - June 12, 2013 | Tickers: CX, EXP, MLM, VMC

    Andreas Halvorsen's Viking Global now owns 5.3% of cement giant Cemex (NYSE: CX). Viking Global is now the largest shareholder in Cemex, ahead of Mason Hawkins' Southeastern Asset Management, which has a 4.7% stake in the company. Viking Global has increased its stake in Cemex by 13 million shares in the last two months. At the end of the first quarter, the hedge fund owned 44.4 more »

  • 3 Construction Materials Companies Worth a Closer Look

    By Damian Illia - June 9, 2013 | Tickers: CX, MLM, VMC

    The global economic downturn inflicted a serious damage on construction materials companies, especially in developed countries. However, since the U.S. housing market recovery began at the end of last year, demand for cement and aggregates is improving.  

    Aggregates have been a great source of recovery. The aggregates industry's barriers to entry are relatively high, which gives pricing power to producers.

    U.S. companies

    Vulcan Materials (NYSE: VMC) is more »

  • Will the Upcoming Changes Help This Stock Continue Its Rally?

    By Mike Thiessen - June 6, 2013 | Tickers: AWI, MLM, PGTI

    PGT (NASDAQ: PGTI) announced multiple transactions recently following a solid earnings report and an improved outlook. The transactions include its largest holder selling shares in a secondary offering and the company engaging in a large repurchase from a single holder. Increasing new housing starts in Florida are the key drivers behind the stock and also behind getting these deals done.

    PGT is the leading manufacturer of residential impact-resistant windows and more »

  • Construction Materials Are For Later

    By Nihar Patel - March 15, 2013 | Tickers: EXP, MLM, VMC

    Producers of the material that we use to build our fancy civilizations might not be having the easiest time. Growth is up, but construction and building activities are still in a depressed state. That is not surprising since the last meltdown was focused around construction, housing et al., and the financial markets. You have the government and the Fed rushing to help financials line their pockets, but who remembers the more »

  • Intentional Investing : Can I Actually EARN Something From The Housing Recovery ?

    By Penny Czarra - February 25, 2013 | Tickers: AOS, AAON, ADT, AMWD, APOG, AWI, BECN, BLDR, CSTE, CLGX, EXP, ELLI, FBHS, GNRC, GFF, HW, HD, JHX, LII, LOW, LXU, LL, LEDR, MLM, MAS, MOVE, NCS, NTK, OC, PFIN, PATK, PGTI, PPG, NX, RPM, SHOS, SNA, SWK, TXI, VAL, TTS, USCR, USLM, URI, UFPI, USG, VRSK, VMC, WSO, Z

    I don't like "noise". I try to avoid it whenever / wherever I can.

    Yep , call me what you want, but I'm a "retail investor". I know this to be true because everyone (and I mean Everyone) is always trying to sell me something. This means high decibels and lots and lots of BOLD PRINT.

    "Renovation Nation". "Renters Nation". "Housing Recovery". "The ONE sure, market-beating stock for your Long-Term more »

  • Southeastern Asset Management Stonewalls Vulcan Materials

    By Marshall Hargrave - February 6, 2013 | Tickers: MLM, TXI, VMC

    In late January, Southeastern Asset Management announced that it has further downsized its Vulcan Materials (NYSE: VMC) position by 16%. Southeastern now owns 8.26 million shares, or 6.4%, of Vulcan. This is a big change from Southeastern's third quarter investing thesis, where the firm had Vulcan as its fifteenth largest 13F holding and owned over 12.1 million shares (read more about it here). It appears that more »

  • $6 Billion Blue Ridge Capital’s Top Small-Cap Holdings

    By Meena Krishnamsetty - February 5, 2013 | Tickers: CFX, MLM, OC, WBC, YOKU

    Hedge funds have been known to seek alpha in small- and mid-cap stocks, as their pricing is often less efficient due to poor coverage by analysts and the media. This arbitrage can be significant with lower-valuation stocks, oftentimes leading to considerable winnings by the funds that have done their due diligence. Based upon our analysis of many hedge funds’ small-cap holdings, we’ve compiled an impressive-performing list of stocks valued more »

  • 2013 Cement Company Roundup

    By Shweta Dubey - January 2, 2013 | Tickers: CX, MLM, VMC

    The long awaited Housing recovery in the United States is finally on the growth track. The effect of the same can be seen in the upside of three cement stocks below – Cemex, Vulcan and Martin Marietta Materials. With an expectancy of ~1 million housing units in the year, the demand for cement should be up by ~14% by 2013 end.

    <img src="/media/images/user_14395/untitled_1_large.png" />

    Source: Yahoo Finance

    Cemex (NYSE: CX) has rallied over the more »

  • Raw Materials For the Housing Resurrection

    By Nihar Patel - December 26, 2012 | Tickers: EXP, MLM, VMC

    People who know me are aware that I like simplicity. Basic materials that are grown, harvested, or extracted are so easy to understand. I consider more complex technical things as well, but I always like to look at the companies that supply the materials that make up our lives. After looking at companies as investments for so long, sometimes I just come to the realization that every company out there more »

  • The Best Way to Play the Housing Recovery

    By Piyush Arora - December 18, 2012 | Tickers: MLM, MAS, SHW, VMC

     

     
     
     
     
  • Mason Hawkins Just Sold Some Of This Company, Should You Follow Him?

    By Meena Krishnamsetty - December 11, 2012 | Tickers: CX, CRH, EXP, MLM, VMC

    Vulcan Materials (NYSE: VMC) saw Mason Hawkins of Southeastern Asset Management unload some of his shares per a 13D filing with the SEC last week. At the end of the third quarter, Southeastern owned 12.1 million shares. The recent sale puts Southeastern’s ownership to 9.9 million – an 18% sell off. Southeastern now owns 7.7% of Vulcan, which is down from its previous 9.3% ownership. Hawkins more »

  • Was Billionaire Einhorn Right on Apple, Martin Marietta, and More?

    By Meena Krishnamsetty - December 11, 2012 | Tickers: AAPL, DKS, FB, MLM, X

    Greenlight Capital has become one of the most famous hedge funds in the financial world. Manager David Einhorn is now a billionaire and has the power to singlehandedly send a stock up or down merely by revealing that he is long or short.

    At a recent investment conference, a mistaken impression by the audience that he was short General Motors (GM) caused its price to immediately drop -- until it was more »

  • Are Any Rumored Buyouts Worth Betting On?

    By RJ Towner - December 6, 2012 | Tickers: BBY, DECK, DAL, MLM, SVU, VMC

    Buyouts and private-equity acquisitions can provide powerful stock moves and often act as the catalyst to drive stock prices to intrinsic value. In the portfolio of our Best Ideas Newsletter, we had held shares of Collective Brands. We liked the company’s valuation, relatively small size, and its attractiveness to other companies (among other things). And while we’d never own a stock solely on speculation of M&A activity more »

  • Hedge Fund Manager John Griffin’s New Big Bet

    By Meena Krishnamsetty - October 23, 2012 | Tickers: MLM, OC, PPG, USG, VMC

    According to a 13G filed with the SEC, Blue Ridge Capital has acquired a total of 6.7 million shares of Owens Corning (NYSE: OC). Owens Corning is a $3.9 billion market cap materials company which provides composites and building materials such as glass fiber. Blue Ridge, managed by Tiger Cub John Griffin (Griffin, in fact, was Julian Robertson’s second in command at Tiger Management before launching Blue more »

  • Infrastructure: The Expensive Necessity of Modernity

    By Nihar Patel - October 18, 2012 | Tickers: MLM, STRL, VMC

    Infrastructure is just a fact of modern society. Much has been made of emerging economy infrastructure spending. In my opinion, the reason these get so much interest is because emerging economies are actually spending money on infrastructure. Yes, that might be an obvious statement but stick with me. It is far easier to gird yourself against big expenditures if you are lacking something. If you do not have a road more »

  • 4 Natural Resource Stocks Ready To Move Higher In 2012

    By Robert Fisher - January 16, 2012 | Tickers: XEC, CLF, MLM, PXD

    With companies and governments struggling, construction, specifically infrastructure improvement has slowed greatly.  Governments have less money to spend on roads and large buildings and companies aren’t building new warehouses or factories.  Eventually that has to reverse, if for no other reason to repair and maintain current roads and facilities so they don’t deteriorate into nothing; and once the economy really rebounds so should infrastructure.  Below I discuss 5 more »