The Latest Breaking News from CX

Surging inflation and the probability the Federal Reserve will tighten its monetary policy further have driven a massive market sell-off lately. Amid ongoing geopolitical tensions and intensifying supply chain disruptions, investors fear that rising interest rates could push the economy into a recession. Therefore, we think it could be wise…

Despite the supply shortages and higher transportation costs being caused by the Russia-Ukraine war, rising demand with the reopening of the global economy should drive the building materials industry’s growth. So, we think it could be wise to bet on oversold building materials stocks CRH (CRH) and CEMEX (CX), which…

As the economy recovers from its pandemic blues, the infrastructure sector is set for an impressive rebound. Furthermore, the sector is expected to generate stable returns with solid federal support. So, we think it could be wise to bet now on infrastructure stocks Eaton (ETN), CEMEX (CX), Brookfield (BIPC), and…

Despite rising material prices, due primarily to supply chain disruptions, federal funds allocated for repairing and replacing the nation's bridges, and increasing construction activities in a reopening economy, should drive the demand for construction materials. Therefore, we think it could be wise to bet on construction materials stocks CEMEX (CX),…

Cemex SAB De CV (NYSE:CX) reported fourth-quarter sales growth of 3% year-over-year (+5% on a like-to-like basis) to $3.62 billion, missing the consensus of $3.73 billion. Sales across markets: Mexico $841 million (+1% Y/Y), U.S. $1.09 billion (+8% Y/Y), EMEA $1.19 billion (+1% Y/Y), and South, Central America and the Caribbean $391 million…

Because the Fed appears to be ready to raise interest rates as soon as March, the current market correction is expected to continue. So, we think investors should take advantage of the dip in share prices to benefit from upside in the future. Starbucks (SBUX), Align Technology (ALGN), The Toro…