Eagle Materials Set To Soar After Key Acquisitions
- Friday, October 12, 2012, 12:01
- Market
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Eagle Materials Inc. (EXP) attained Zacks #1 Rank (Strong Buy) status on October 3 and then reached its 52-week high on October 5, shortly after announcing the acquisition of two cement plants. The acquisitions are expected to significantly increase its cement capacity. This construction materials company is also gaining momentum from improving housing fundamentals, which is leading to volume growth across all its businesses.
http://www.forbes.com/sites/zacks/2012/10/12/eagle-materials-set-to-soar-after-key-acquisitions/