With an infrastructure spending bill growing closer to passage in Congress, companies operating in the infrastructure space should benefit. Therefore, we expect major building materials manufacturers CRH (NYSE 🙂 and Vulcan Materials (VMC) to benefit from the industry tailwinds. But let’s find out which of these stocks is a better buy now. Keep reading. CRH plc (CRH) in Rathfarnham, Ireland, and Vulcan Materials Company (NYSE 🙂 in Birmingham, Ala. They are two popular companies in the building materials industry. CRH manufactures and distributes a wide range of architectural, infrastructure and construction products for infrastructure, housing and commercial projects around the world. It also offers grid access products, paving, and construction services, serving governments, contractors, homebuilders, homeowners, and subcontractors. VMC produces and supplies construction aggregates, asphalt concrete mixes, and cement primarily in the United States.
As the infrastructure sector regains momentum with the resumption of economic activities, an infrastructure spending bill that is nearing approval is improving the outlook for companies that produce building materials. Therefore, both CRH and VMC should benefit in the coming months.
While CRH’s stock price has gained 2% over the past month, VMC’s share is up 5.9%. VMC is also a clear winner with gains of 22.2% versus CRH’s 19.4% in terms of annual performance to date. But which of these stocks is a better choice now? Let’s find out.
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