Considering the demand for building materials across widespread verticals and the companies in this space enjoying stable profit margins, let’s check out fundamentally strong stocks that are gaining momentum: Griffon Corporation (GFF), Apogee Enterprises, Inc. (APOG) and Holcim Ltd (HCMLY). But first, let’s understand the industry landscape better.
As a testament to the construction industry’s resilience, jobs in the U.S. construction sector in August grew nearly 3% or by 212,000 on a year-over-year basis. On a month-over-month basis, the industry added a net 22,000 jobs compared to the previous month.
