Cement & aggregates
Article Abstract:
Higher earnings are expected for the cement and aggregates industry in 1996, with the US market protected by tariffs and operations running at capacity. Demand for cement is higher with commercial and residential construction gains, along with increased infrastructure expenditures. Cement prices are also expected to rise. These stocks are good investments for the next three to five years, with flat costs and good earnings potential.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Cement & aggregates
Article Abstract:
High tariffs on US cement imports were enacted by the Federal Trade Commission in 1991 to counter dumping by non-US competitors during the 1980s. However, cement continues to be imported to meet demand, since 1995 consumption was 95.1 mil. tons, and 1995 domestic capacity was only 85.6 mil. tons. Public works expenditures, which may decrease, also have an effect on demand. Conservative investors should avoid these stocks in 1996.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Cement & aggregates
Article Abstract:
Higher cement prices, US industry protection through tariffs and consistent construction activity will continue to benefit the cement and aggregates industry throughout 1996. Profits are expected to increase during 1996 and will provide timely investments. Several stocks could have high returns into the next century.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: