Buy U.S. Concrete

Pave your way to profits with this producer of ready mix concrete. U.S. Concrete (NSDQ: USCR) has built its way back from a 2011 bankruptcy with soaring sales and profits. Revenue is up 25% for the first half of the year and profits up 20%. Backlog orders rose 27% and foretell solid numbers.

Our road map brings the stock up to $80, 60% higher than current levels.

Target $80

The company has been laser focused on acquiring and building out concrete plants in high growth areas. A concentration in Texas, northern California and New York New Jersey, urban centers enjoying above average commercial growth, has propelled revenue higher.

A burst of federal funding for public roadway projects and the long awaited LaGuardia Airport rebuild will stoke demand for U.S. Concrete’s ready mix product. Strong free cash flow, steady demand and improving profits lay a rock solid foundation for this stock.

 

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