Jim Cramer Shed Light on These 10 Stocks

6. Martin Marietta Materials, Inc. (NYSE:MLM)

Number of Hedge Fund Holders: 54

Discussing Martin Marietta Materials, Inc. (NYSE:MLM), Cramer commented:

“There is another part of Martin Marietta’s business that is about housing and housing-related areas, building new roads there and that’s what’s keeping this from working. I think you gotta wait to see the quarter. I know you’re gonna have to wait till the end of April, but I want you to do that before you pull the trigger.”

Martin Marietta (NYSE:MLM) supplies aggregates and heavy building materials, including crushed stone, sand, gravel, concrete, and asphalt, for construction projects, as well as producing chemicals and lime for various industries such as steel production and soil stabilization. Over the past year, the company stock went down more than 12%. Back in September 2024, Cramer said:

“The more tangible plays are going to be Martin Marietta Materials, which represent the basics of building out new housing developments. But those really start winning later on, once the homebuilders fully embrace new construction.”