Last quarter management bought back $188M of stock at an avg. price of $156. Today it is trading at $120. Who will be right in 12 months, management or the market?
D
So much for infrastructure spending... #$%$
Y
Eagle Materials reached a 52 Week low at 124.17
M
Our currentbill administration is talking another stimulus package for infrastructure in the summer
No matter how you feel about the increase in government debt, the news of that bill will send this stock even higher.
Don't buck the trend, and this is a solid company
Y
Eagle Materials reached a 52 Week low at 122.32
M
What a tough spot. I don’t know if I should double down or just sell and live to fight another day. They should be hitting highs right now given the pickup in fracking and construction. If management cant execute in this environment then we may see a 40-50% decline if market conditions tighten.
H
Median house prices are up 14.8%. High end market , vacation homes, and low end home sales are up on tight supply. Sales are 9.5% up vs 6%. $Exp and $ZG will be up in a big way.
c
the hurricane pop is over...back to normal...
Y
Eagle Materials reached a 52 Week high at 114.89
M
It was quite the run in 2017 but it isn’t over yet. They are in every area of construction that is hot right now. They have a nice mix of residential along with commercial construction products. Mix in the frack sand that demand will increase in 2018 for and we are looking at $135 in 2018.
E
No time to panic. Almost 95% of stock held by institutions and pretty sure they aren't the ones driving down the price. EXP is on sale, pure and simple. Buy it.
Y
Eagle Materials is down 4.96% to 130.05
D
Loving my construction material stocks. EXP, MLM, BECN, LPX, FCX, and XHB etf
In Barron's November 27, 2017, Rebuilding Hopes in Infrastructure Stocks. "This could be massive for this industry," says Philip Ng, who covers building-products and construction-materials stocks for Jefferies.
*LOOKS like time to up your FRTA long positions...* Under the radar FRTA the #1 water, drainage, products company in the United States...
Hal thinks an infrastructure bill can pass Congress in some form. "Trump is a builder at heart, and he knows this topic," she says. "I think this bill will at least get out of the gate."
No matter how you feel about the increase in government debt, the news of that bill will send this stock even higher.
Don't buck the trend, and this is a solid company
EXP, MLM, BECN, LPX, FCX, and XHB etf
*LOOKS like time to up your FRTA long positions...* Under the radar FRTA the #1 water, drainage, products company in the United States...
Hal thinks an infrastructure bill can pass Congress in some form.
"Trump is a builder at heart, and he knows this topic," she says. "I think this bill will at least get out of the gate."
Article mentions: $CAT $MLM $ACM $GVA $EXP $USCR
Dems & Rep all want good roads, etc.