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NYSE:MLM

Martin Marietta Materials (MLM)

608.72
-0.40 (0.07%)
as of Jun 18, 2026, 7:59:59 pm Market Open.
12 watching
0
BUY
Infrastructure Bill of late 2021 money is only trickling out now

Shares fell in 2022 by 23% due to recession fears, but is up 30% this year because they money is finally coming. The CEO sees 3-4 years of business. Trades at 24x forward PE, but expects that to decline because they keep beating their quarters.

BUY

Was upgraded today and a big infrastructure spend lies ahead.

PAST TOP PICK
(A Top Pick May 03/21, Down 14%) In normal economic environment, company would have preformed better. Has sold shares. Sees better opportunity elsewhere.
BUY
There's a bit of a supply crunch in the US. More people will need places to live, especially with immigration from areas of the world in such turmoil.
BUY
Inflation-protection trades: energy (and materials). Both cyclical sectors are positively correlated to inflation. She also likes Martin Marietta given its heavy business in residential and non-res construction and a tailwind from Dems and Republicans to fix bridges and ports during supply-chain issues. Financials: JPM she likes, though they had a disappointing recent earnings, they do have a multi-faceted business. For more cyclicals, consider EM, namely IEMG.
TOP PICK
Think crushed stone, concrete, etc being supplied to the construction industry. They are #1 or #2 in the aggregate supplier space. The industry is favored going forward and there are barriers to entry. This gives the company strong pricing power. Infrastructure spending should provide great tail winds and the company does well to extract value from acquisitions. Yield 0.59% (Analysts’ price target is $435.86)
BUY
Who will benefit from the $1 trillion infrastructure bill? There's a decade, not a month, of spending here, so there will be long-term gains for certain stocks. Technical analyst Bob Lang suggests: He loves them. They will directly benefit from spending on roads and bridges. Their chart shows higher highs and higher lows. Lang targets $500.
BUY ON WEAKNESS
The boom and bust cyclicals have plenty of room to run. MLM is the leading supplier of building materials like aggregate cement, concrete and asphalt. Their results earlier this month beat the street, and shares roared, but have recently come off. It's now a bargain. Today they announced today they'll buy Lehigh Hanson's western business https://finance.yahoo.com/finance/news/martin-marietta-mlm-buy-lehigh-140502925.html), suggesting management is confident about the industry.
TOP PICK
It is into earth. If you own the gravel pits then you dominate that market. It is expensive to transport aggregates very far. A lot of private gravel pits are thinking of selling due to US tax changes and so MLM-N is in a good position to grow. (Analysts’ price target is $348.36)
BUY
They supply building materials like cement. It's up 40% since the election and hit an all-time high today based on hopes that Biden will pass an infrastructure package. They reported a blow-out quarter last month thanks to the housing boom and the economy expected to reopen.
DON'T BUY
A strong company with strong reserve life of aggregates in their quarries. But it's not a timely stock. There's confusion about why the home building industry is busy, but not the home aggregates. To explain, when people are building homes, the infrastructure for those homes are already complete. For an aggregate company to benefit, they need to get involved when say a former industrial or agricultural land to convert it into a subdivision when they build roads and other infrastructure--that's when the aggregates do well. Then, there's infrastructure; governments with lower tax revenues can't afford to spend on infrastructure like building roads now. Also with oil and gas in a slump, there's another source of demand gone.
PAST TOP PICK

(A Top Pick Sept 29/15. Up 21.75%.) Construction aggregates. This had a very good path. If you think there could be fiscal stimulus in the US, companies like this are going to do very, very well.

TOP PICK

A universally hated sector with a stock that has behaved very well. It is number 1 in 85% of their markets. They have pricing power and raise them every year. No competition from off shore. This is a very stable business that generates boat loads of cash.

PAST TOP PICK

(Top Short Nov 26/10. Up 11.81%.)

PAST TOP PICK

(Top Short Nov 26/10. Up 16.83%.) Reported in August and missed their quarter again and guided down for the rest of the year.

Showing 1 to 15 of 16 entries

Martin Marietta Materials (MLM) Frequently Asked Questions

What is Martin Marietta Materials stock symbol?

Martin Marietta Materials is a American stock, trading under the symbol MLM (previously MLM-N on Stockchase) on the New York Stock Exchange (MLM). It is usually referred to as NYSE:MLM or MLM

Is Martin Marietta Materials a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on MLM (previously MLM-N on Stockchase) on Stockchase. Read the latest expert commentary for Martin Marietta Materials.

Is Martin Marietta Materials a good investment or a top pick?

Martin Marietta Materials was recommended as a Top Pick by Jamie Horvat on 2011-09-06. Read the latest stock experts ratings for Martin Marietta Materials.

Why is Martin Marietta Materials stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Martin Marietta Materials.

Is Martin Marietta Materials worth watching?

Martin Marietta Materials is followed by 12 investors on Stockchase and is a trending stock that is worth watching.

What is Martin Marietta Materials stock price?

On 2026-06-18, Martin Marietta Materials (MLM) stock closed at a price of $608.72.