Martin Marietta Materials Inc
MLM: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$753.00 | Hcqng | Wpvybrkqz |
We Expect Martin Marietta to Benefit From Increased U.S. Infrastructure Spend Over Our Forecast
Business Strategy and Outlook
Martin Marietta is well positioned to benefit from increased U.S. infrastructure spending. Although mainly an aggregates producer, the company also has cement production in Texas. We forecast strengthening demand growth for the public sector and modest growth for the private sector.