July 28, 2008

On Cemex

Zacks says that Cemex is a sell today, but readers of the Fool know that they are bullish on the stock. It is a Stock Advisor and Global Gains recommendation. The Fool also owns shares of the stock.

With a P/E of under 7, there is no doubt that this stock is cheap on a valuation basis, however, this is one of those stocks that may not recover until the housing market recovers, just like Home Depot.

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