CX - Costs End-Market Demand And Value Creation All Still Challenging For Cemex
Given its exposure to the U.S. residential market, Mexico, and other emerging markets, Cemex (CX) has been dead-center in the middle of what investors really don’t want over the past six months or so. The shares are down about a third over the past year (and down about 25% over the past six months), but at least the company isn’t alone - Argos (CMTOY), Buzzi (BZZUY), Heidelberg (HDELY), LafargeHolcim (HCMLY), Pacasmayo (CPAC), and Elementia (ELLMF) have all been varying shades of