10 Best Construction Materials Stocks To Buy Now

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1. CRH plc (NYSE:CRH)

Number of Hedge Fund Holders: 80

CRH plc (NYSE:CRH) serves as a leading provider of building materials solutions. The firm is a vertically integrated supplier of aggregates, asphalt, ready-mixed concrete, cement, paving, and construction services. It has a global footprint with operations spanning 28 countries. Its global business operates as two divisions, CRH Americas and CRH Europe. CRH also manufactures high value-added building products for use in residential and non-residential construction projects.

CRH’s unique offering of materials, products, and value-added services makes it an essential partner for road and critical utility infrastructure, commercial building projects, and outdoor living solutions. The firm boasts an unmatched size and scale. It is the largest building materials business in North America, with operations in 48 US states and 7 Canadian provinces. Simultaneously, CRH is a market leader in Europe and has a regional leadership position in Asia. The firm’s products are used in some of the most iconic construction projects across the globe.

CRH plc (NYSE:CRH) demonstrated a robust performance for Q3, with strong double-digit growth in Adjusted EBITDA and EPS despite adverse weather. Total revenues were up 4% over the year. For the upcoming 2025, the firm sees favorable underlying demand across its key end-use markets, driven by significant public investment in infrastructure and re-industrialization activity. Furthermore, a low interest rate environment will enable the recovery of new-build residential construction activity.

CRH plc (NYSE:CRH) is a Fortune 500 company that manufactures a diverse range of superior building materials, products, and solutions used in construction projects globally. The firm is attractively positioned to capture strong growth opportunities across the Americas and internationally. The positive outlook for the future positions the company for growth. As of Q3, the stock is held by 80 hedge funds.

While we acknowledge the potential of CRH as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for a deeply undervalued AI stock that is more promising than CRH but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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