Previous Close | 12.00 |
Open | 12.00 |
Bid | 12.02 x 63800 |
Ask | 12.07 x 8958700 |
Day's Range | 11.79 - 12.10 |
52 Week Range | 6.48 - 12.10 |
Volume | |
Avg. Volume | 40,092,040 |
Market Cap | 174.723B |
Beta (5Y Monthly) | 1.16 |
PE Ratio (TTM) | 17.48 |
EPS (TTM) | 0.69 |
Earnings Date | Jul 27, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Dec 13, 2019 |
1y Target Est | 17.68 |
Penny stocks often offer tremendous upside for investors. As a result, they also expose investors to significant risk as well. One of the highest risk-to-reward subsectors of penny stocks is biotech. It offers dozens of get-rich-quick opportunities that are ultimately all predicated on FDA approval. Most fail. This list includes zero biotech firms, but also offers double-your-money potential across various other high-growth sectors. The companies below represent a wide variety of industries and
Top materials stocks this month include Patriot Battery Metals Inc. (PMETF), Sigma Lithium Corp. (SGML), and NGEx Minerals Ltd. (NGXXF), the share prices of which have each more than doubled in the last year. Materials stocks have underperformed the broader market in the past year amid volatile commodities prices. The benchmark Materials Select Sector SPDR Fund (XLB) fell 3% over the past 12 months, while the Russell 1000 Index rose by 4%.
Does Cemex (CX) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Cemex (CX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
CX vs. MLM: Which Stock Is the Better Value Option?
Mexican cement maker Cemex posted a 14% rise in first quarter profit on Tuesday, as material cost inflation eased and price hikes on bagged cement paid off, sending its shares surging. "This quarter marks an important inflection point," Chief Executive Fernando Gonzalez said in a statement, after the company worked to recoup margins squeezed by rising expenses. Cemex's price mix could rise 15% in 2023, the firm's Chief Executive Officer Fernando Gonzalez said in a call to discuss the results, adding the continued price hikes have helped them navigate the complex global inflationary environment.
Mexican cement maker Cemex saw its net profit rise 14% in the first quarter compared to the year-ago period, the company reported Tuesday, as material cost inflation eased and price hikes paid off. Cemex's net profit climbed to $225.45 million, up from the $198.08 million reported in the first quarter of 2022. "This quarter marks an important inflection point," Chief Executive Fernando Gonzalez said in a statement, as the company has worked to recover earlier margins dinged by rising expenses.
Does Cemex (CX) have what it takes to be a top stock pick for momentum investors? Let's find out.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Cemex (CX) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
CX vs. MLM: Which Stock Is the Better Value Option?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
These are the materials stocks with the best value, fastest growth, and most momentum heading into April 2023.
Barclays upgraded Advance Auto Parts (NYSE:AAP) to Equalweight from Underweight with a price target of $129.00 (from $140.00) following the stock's "significant underperformance" so far in 2023. Barclays believes the more than 18% fall in the company's share price this year has skewed the risk/reward, but noted it remains cautious about the fundamentals. The firm believes the core issue at Advance Auto Parts remains its lower sales productivity, which also "limits the margin story."
Mexico will comply with a pending ruling from a trade dispute panel following a complaint by U.S. construction company Vulcan Materials, Mexican President Andres Manuel Lopez Obrador said on Thursday. "As soon as they rule on this, resolve this, it will be abided by," Lopez Obrador said in a regular news conference. However, Lopez Obrador slammed the company's operations in the country, which he called "ecocide," and criticized recent outcry from U.S. politicians after Mexican authorities entered a Vulcan site in Mexico with cement maker Cemex.
Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, today issued the following statement:
U.S. construction materials firm Vulcan Materials Co said on Monday that Mexican security forces illegally took possession last week of its port terminal in southern Mexico, as an extended legal battle over its nearby limestone mining activities plays out. The incident took place last Tuesday night at the terminal in the popular tourist hub of Playa del Carmen, and follows a five-year fight with the government over Vulcan's concessions punctuated by sharp criticism from the country's president last year. Vulcan, which markets crushed stone as well as asphalt and ready-mixed concrete, said in a statement on Sunday that workers from Mexican cement company Cemex accompanied the security forces last week as part of the takeover of their port terminal.
MONTERREY, Mexico, March 20, 2023--Cemex has an existing contractual relationship with Calica, a Mexican subsidiary of Vulcan Materials, for the use of a marine terminal located in Playa del Carmen, Quintana Roo. This private agreement between both companies began more than 20 years ago, and since then, Cemex has continuously used the terminal to transport cement products.
MEXICO CITY (Reuters) -U.S. construction materials firm Vulcan Materials Co said on Monday that Mexican security forces illegally took possession last week of its port terminal in southern Mexico, as an extended legal battle over its nearby limestone mining activities plays out. The incident took place last Tuesday night at the terminal in the popular tourist hub of Playa del Carmen, and follows a five-year fight with the government over Vulcan's concessions punctuated by sharp criticism from the country's president last year. Vulcan, which markets crushed stone as well as asphalt and ready-mixed concrete, said in a statement on Sunday that workers from Mexican cement company Cemex accompanied the security forces last week as part of the takeover of their port terminal.
Cemex unveiled today an updated brand in line with its ongoing evolution to help the world reach the next frontier of sustainable living, by becoming a more agile, innovative, and approachable company.
Mexican cement maker Cemex has entered an agreement with Dublin-based renewable energy producer ETFuels to turn carbon emissions from a plant in Spain into a type of methanol that is more sustainable than traditional fuels, the firms said Thursday. Up to 450,000 metric tonnes of carbon dioxide will be captured annually through the tie-up, the companies said, though Cemex is still evaluating implementation of the capture. Since the Russian invasion of Ukraine last year, the European energy market has been upended.
CEMEX, S.A.B. de C.V. (NYSE:CX) Q4 2022 Earnings Call Transcript February 13, 2023 Operator: Good morning, and welcome to the CEMEX Fourth Quarter 2022 Conference Call and Webcast. My name is Daisy, and I’ll be your operator for today. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer […]
MONTERREY, Mexico & ALBUQUERQUE, N.M. & LUGANO, Switzerland, February 16, 2023--CEMEX, S.A.B. de C.V. ("CEMEX") announced today that the U.S. Department of Energy awarded US$3.2 million to Solar MEAD, a joint project headed by CEMEX, Sandia National Laboratories, and Synhelion, which aims to decarbonize cement production.
Mexican cement producer Cemex posted an unexpected fourth-quarter loss on Monday, logging hefty one-off charges for impairment of goodwill and fixed assets. Cemex shares on Mexico's main stock exchange were down more than 3% in mid-morning trading. The company's revenue increased, surging 8% to $3.87 billion, with robust sales growth in Mexico and the United States, although overall volumes dipped.
* Brazil's Mello raises possibility of changing inflation target * Bolsonaro mulls return to Brazil in coming weeks * Mexico's Cemex posts surprise quarterly loss * Latam FX up 1.0%, stocks add 1.5% By Bansari Mayur Kamdar and Shubham Batra Feb 13 (Reuters) - Brazil's real snapped a two-day losing streak on Monday, leading gains among Latin American currencies against a weaker dollar, while investors looked to this week's key U.S. inflation data for clues to the Federal Reserve's monetary policy path. The MSCI index for Latin American currencies added 1.0%, while the dollar index slipped 0.1%.