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CRH PLC T.CRH


Primary Symbol: CRH

CRH PLC is a provider of building materials solutions. The Company integrates building materials, products, and services by providing them to customers as complete solutions. Its segments include Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions and Europe Building Solutions. The Americas Materials Solutions segment provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The Americas Building Solutions segment manufactures, supplies, and delivers solutions for the built environment in communities across North America. The Europe Materials Solutions segment provides solutions for the construction of public infrastructure and commercial and residential buildings to customers in construction markets in Europe. The Europe Building Solutions segment combines materials, products, and services to produce a range of architectural and infrastructural solutions.


NYSE:CRH - Post by User

Bullboard Posts
Post by bond46on Oct 22, 2016 11:59pm
192 Views
Post# 25375160

sky is the limit

sky is the limitThe stock of CRH has broken out of its long trading range with a long established resistance in the $ 5.,40 -5.50 and support in the low 5's. Once the stock broke out of this range, it confirmed another break out of a round figure $6, a very important benchmark, and it's heading higher. Now the stock is in an open territory and noone knows what the new trading range is going to be. That will depend on the fundamentals of the company and the upcoming ER. Anyone who wants to add positions, it would be prudent to do it now, given the positive ratings the stock had lately from 2 major banks and other analysts. My opinion is that the stock after the news release will probably trade between $7 and mid 6 for some time. But that remains to be seen. Post elections, the health care stocks most likerly will do better when the political rhetoric dies down and realitiy steps in.
Bullboard Posts