Cemex Zooms Past Our Price Target
On March 13th, we urged readers/subscribers to load the boat with cement maker Cemex (CX). As of today, shares are up 13% and the stock has zipped by our $66 price target.With the stock now at $68 and change, we recommend investors take some money off the table, but still maintain a position. With Cemex's growth story remaining intact, we are raising our Cemex price target to $72.
To revisit the March report, make sure you read this.
Don't forget that our content can also be viewed over at SeekingAlpaha.com, whose stock analyses Barron's recently labeled "must read." For the Cemex report as it appeared on SeekingAlpha, take a look at this.
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