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Weekly Strategy Calls
Top Construction Stocks: Companies That Are Building Value
Posted: 07/31/2024
This week, Zacks Chief Equity Strategist and Economist John Blank, PhD discusses:
• Top stocks in the Construction sector, a huge and worldwide area of the economy that encompasses just two industries, Building Products and Construction—Building Services. As John has done in recent analyses, he defines “top” stocks in three ways: by market capitalization, by number of analysts following the stock, and by largest percent change in F1 EPS estimate (the most important element used in assigning a Zacks Rank to stocks).
• Using this framework, John then examines key metrics for these leading names, using Zacks charting to illustrate comparisons of the most relevant trends for these companies. To point out strengths and weaknesses among these stocks, he looks at metrics ranging from Revenue F12M, Capital Expenditures, Net Margin TTM %, Price to Sales F12M, EBIT TTM, Cash Flow Yield %, and other measures.
• Because he uses these 3 types of screening metrics, John’s review of “top” players includes both larger and relatively smaller companies, and both familiar and less well-known names. Among the tickers he discusses are EMCOR Group, Inc. (EME), KB Home (KBH), Weyerhaeuser Co (WY), CRH plc (CRH), Martin Marietta Materials Inc.(MLM), Sherwin-Williams Co (SHW), Toll Brothers Inc. (TOL) and many others. Don’t miss this in-depth industrial stock analysis from Zacks’ Chief Equity Strategist!
The views of John Blank, PhD are not necessarily the views of Zacks Investment Research.