November 26, 2007

Cemex

Cement. Yep, our contest winner is the third-largest cement company in the world. This company, which was recommended by Bill Mann in the June 2007 issue of Motley Fool Global Gains, dominates the Mexican cement market and has operations in more than 50 countries. As fellow Fool Anand Chokkavelu recently noted, Cemex's share price is down more than 35% since the summer, most likely because it was incorrectly tied to the U.S. housing market. Anand argues persuasively that Cemex's exposure to the U.S. market is limited -- indeed, the company is broadly diversified across different markets.

Bill Mann is equally enthusiastic about Cemex, having declared back in June that he expects this "$25 billion market cap company will be worth $50 billion or more within three years."

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