5 Unstoppable Stocks That Will Make You Richer

3. CRH plc (NYSE:CRH)

Price Target Upside: 22.11%

Year-to-date Gain as of April 11: 22.23%

Number of Hedge Fund Holders: 65

CRH plc (NYSE:CRH) is a Fortune 500 company that provides building material solutions and has 3,390 operating locations. As of April 11, the stock is up by 22.23% year-to-date.

10 Wall Street analysts have covered CRH plc (NYSE:CRH) over the past three months, and 9 keep a Buy-equivalent rating on the stock. The average price target of $102.02 represents an upside of 22.11% from present levels, as of April 11. The company takes the third spot on our list of unstoppable stocks that will make you richer.

In the fourth quarter of 2023, hedge fund sentiment was positive toward CRH plc (NYSE:CRH). In the quarter, 65 hedge funds held positions in the company with positions worth $7.231 billion. This is compared to 48 funds in the preceding quarter, with positions worth $4.8 billion.

ClearBridge Investments stated the following regarding CRH plc (NYSE:CRH) in its fourth quarter 2023 investor letter:

“Despite these risks, our holdings in Europe and the U.K. found their footing in the fourth quarter, with eight of the top 10 individual contributors coming from these regions. Irish building materials supplier CRH plc (NYSE:CRH), which has demonstrated strong value creation through M&A and optimization of its portfolio assets over the last several quarters, rose strongly on positive sentiment after its investor day highlighted the company’s accelerating growth in the U.S.”