Construction materials company Cemex (CX +0.20%) is up huge this year -- 70.67% since the beginning of January -- and it's mostly due to the company's earnings growth in the U.S. Earnings accounted for half of the company's EBITDA this year, with American earnings for its cement business up 16%, its aggregates up 10%, and its ready-mix cement up 16%. In this video, Motley Fool materials analyst Taylor Muckerman tells us what we can expect from this company in 2013, as the housing market continues to recover, and construction demand continues to grow.
Cemex is up 70.67% this year. It's not good enough for first place, but it finishes a strong second in our list of the very best materials stocks of 2012.
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.