4Mes·

$MLM (-0,38%) Martin Marietta Materials


I used the weak quarterly figures from the beginning of August (sales down 3.1% year-on-year) as an entry point yesterday and have a savings plan in place.

Supplier of building materials, which generates its main sales with stone, sand and gravel from its own quarries. Falling interest rates should give the construction sector a boost and both Trump and Harris have spoken out in favor of larger infrastructure programs.

@Simpson Thanks for the inspiration 🤝

30.08
Martin Mari Mat logo
Acquistato x1 a 481,40 €
481,40 €
6
3 Commenti

immagine del profilo
great buy
I also find $MLM very interesting at the moment
have you already bought more?
for a first entry i will soon make my 1st tranche
immagine del profilo
@Memo0606 Not yet. I will build up the position monthly via a savings plan or individual purchases.
But I'm also not worried that the share price will run away from me, as the outcome of the elections shouldn't really have any great significance for the company. Their main sales are in the USA and they import almost nothing.
immagine del profilo
@Brody yes... the fair value is around 430$
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