Josh Brown Highlights Top Materials Stocks: Martin Marietta, Vulcan Materials, and CRH

Spotlight on Materials Sector Stocks

• 💡 Josh Brown highlights the Materials sector as a top performer, noting a shift from gold miners to cement, readymixed concrete, aggregates, and asphalt companies.
• 🎯 The focus is on companies like Martin Marietta (MLM) and Vulcan Materials (VMC), both around $40 billion market cap, with charts showing incredible performance and breakouts.
• 📈 Both MLM and VMC charts look similar, indicating a strong upward trend with RSI not yet overbought, suggesting they may not have been fully discovered by the market.

CRH: A Long-Term Holding

• 📌 While CRH has already made a significant move and was recently downgraded, it's noted as a potential consolidation play with the 50-day moving average serving as support.
• 💰 CRH trades at a lower forward multiple (20x) compared to Vulcan and Martin Marietta (30x), despite having twice their market cap.
• 🚀 The scale of CRH is seen as an advantage in the materials industry, allowing fixed costs to be spread over a larger operation, making it a stellar long-term holding.

Precious Metals and Industrial Demand

• 🗣️ Josh Brown previously owned gold miners like Pneumont and the GLD ETF, but has since exited gold positions.
• 💡 He expresses a preference for copper and silver, noting that silver's rise is partly due to industrial demand.
• ⚠️ While silver futures have been traded, losses have been incurred, indicating the difficulty in trading these commodities.