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Stock impact report

Jim Cramer on Martin Marietta: “Just Hold it. I Wouldn't Buy More” [Yahoo! Finance]

Martin Marietta Materials, Inc. (MLM) 
Last martin marietta materials, inc. earnings: 2/11 06:57 am Check Earnings Report
US:NYSE Investor Relations: ir.martinmarietta.com
Company Research Source: Yahoo! Finance
began buying MLM shares before a recent rally, noted the stock hit a 52-week high, and despite a pullback, they are up 36% and asked what they should do with their position. Cramer stated: “Just hold it. I wouldn't buy more. No need to sell it. It's just a great long-term hold. By the way, so does Vulcan Materials, one of the greatest stock performers of all time. It's really kind of a duopoly.” Photo by Adam Nowakowski on Unsplash Martin Marietta Materials, Inc. (NYSE:MLM) supplies aggregates, cement, concrete, and asphalt for construction, infrastructure, and industrial projects. In addition, the company produces magnesia-based chemicals and dolomitic lime used in steelmaking, soil stabilization, and environmental applications. During the September 3 episode, Cramer mentioned the company and commented: “Okay, what's going on with the stock of Martin Marietta Materials… Over the past few years, this company's been a big beneficiary of federal infrastructure spending, and ther Show less Read more
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