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Cemex (CX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
The stock of Cemex SAB de CV (NYSE:CX, 30-year Financials) shows every sign of being modestly undervalued, according to GuruFocus Value calculation.
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 ...
Name Ticker Symbol Revenues US$ millions (2014) Sector Industry Sub-Industry America Movil, S.A.B. de C.V. AMXB: 63,455: Telecom Services: Wireless Telecom
Rinker Group was acquired by CEMEX, the world's third-largest cement producer, through its subsidiary CEMEX Australia Pty Ltd. in a US$14.2 billion takeover bid. As of June 2007, CEMEX owned a 67.3% stake in Rinker Group. The chief executive officer was David Clarke, who had long worked in CSR's heavy building products division.
CEMEX S.A.B. de C.V., known as Cemex, is a Mexican multinational building materials company headquartered in San Pedro, near Monterrey, Nuevo León, Mexico. It manufactures and distributes cement, ready-mix concrete and aggregates in more than 50 countries. In 2020 it was ranked as the 5th largest cement company (by amount of cement produced ...