JHIUF - The Monarch Cement Company Just Became A Top-Tier Prospect
2024-04-18 05:38:06 ET
Summary
- The Monarch Cement Company has performed well, outpacing the S&P 500 with a 17.4% increase in share price in recent months.
- The company's revenue and profits have been consistently growing, driven by higher sales prices and increased volumes.
- MCEM stock is undervalued and has the potential for significant upside, especially considering the expected growth in the cement industry.
Even when investments are going in the direction that we want them to, it's important to keep a close eye on operations to see if the picture has changed. Furthermore, if shares that we bought or are watching continue to appreciate, it's necessary to see at what point they no longer make sense to hold on to. You don't want to capture attractive upside in a short window of time, only to then hold on to the stock for an extended period of time and see your annualized return disappoint. In recent months, one company that I have been following that has performed quite well is The Monarch Cement Company ( OTCPK:MCEM ). For those not familiar with the business, it focuses on the production of Portland cement, cement that is used in the production of ready mixed concrete for the purpose of constructing or repairing highways, bridges, and even buildings....
The Monarch Cement Company Just Became A Top-Tier Prospect