10 Best Construction Materials Stocks To Buy Now

8. CEMEX, S.A.B. de C.V. (NYSE:CX)

Number of Hedge Fund Holders: 18

CEMEX, S.A.B. de C.V. (NYSE:CX) is a leading sustainable construction materials and solutions company. The company has a vertically integrated approach to production and distribution. Its portfolio of products covers the whole construction value chain and focuses on cement, ready-mix concrete, aggregates, and urbanization solutions.

CEMEX, S.A.B. de C.V. (NYSE:CX) recorded a net income growth of more than 200% year-over-year in the third quarter. The higher income was primarily due to a lower effective tax rate and the gain from the sale of the firm’s operations in Guatemala. Meanwhile, adverse weather conditions in all its markets impacted the EBITDA. Some of the favorable demand drivers expected for 2025 and beyond include more visibility into the policy of newly elected governments, US fiscal stimulus and expansionary monetary policy, as well as supportive infrastructure and housing spend.

Therefore, CEMEX, S.A.B. de C.V. (NYSE:CX) is one of the best construction materials stocks to buy now being a leading global supplier of construction materials that has a history of growth and innovation, a strong global presence, and a robust growth strategy.