Nov. 3, 2011 – As we conclude a terrific October stock market, we
decided to scan the universe for companies that are still dirt cheap.
Based upon the largest discount to intrinsic value, we identified the
following five companies that “appear” very cheap. CEMEX (CX) is a
Mexican holding that makes cement, ready-mix concrete, aggregates and
clinker.
Nov. 3, 2011 – As we conclude a terrific October stock market, we decided to scan the universe for companies that are still dirt cheap. Based upon the largest discount to intrinsic value, we identified the following five companies that “appear” very cheap. CEMEX (CX) is a Mexican holding that makes cement, ready-mix concrete, aggregates and clinker. The company is well diversified geographically with 24% of sales from Mexico, 18% from the U.S., 34% from Europe, 10% from the Americas and Caribbean, and 11% from Asia and Africa. 2010 volume was impressive with 65.6 million metric tons of cement, 51.0 million cubic meters of ready-mix concrete, and 158.5 million metric tons of aggregates sold. | READ MORE
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