Strong demand stemming from positive momentum of the U.S. housing market will benefit companies under the Zacks Building Products - Concrete & Aggregates industry. Also, a significant boost in infrastructural and public construction spending should continue to favor the industry. Indeed, coronavirus-led restrictions, unprecedented supply-chain disruptions, weather-related woes and higher labor cost are eating into the industry players’ margins. Nonetheless, prominent companies in the industry like Vulcan Materials Company (NYSE:VMC) VMC, Martin Marietta Materials (NYSE:MLM), Inc. MLM, Eagle Materials (NYSE:EXP) Inc. EXP, Summit Materials (NYSE:SUM), Inc. SUM and Cornerstone Building Brands (NYSE:CNR), Inc. CNR have been gaining from the positives.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple (NASDAQ:AAPL) sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.
Click here for the 4 trades >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Vulcan Materials Company (VMC): Free Stock Analysis Report
Martin Marietta Materials, Inc. (MLM): Free Stock Analysis Report
Eagle Materials Inc (EXP): Free Stock Analysis Report
Summit Materials, Inc. (SUM): Free Stock Analysis Report
Cornerstone Building Brands, Inc. (CNR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research