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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

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Post by agoldbloomon Aug 06, 2017 5:30pm
204 Views
Post# 26552718

CRH is deeply oversold...

CRH is deeply oversold...https://stockcharts.com/h-sc/ui?s=CRH.TO

I read through the last couple of NR's, that triggered the yo yo action in CRH.  I don't know.  The only real negative I saw was the change in billing, but that was resulted in a market over reaction as most banks came out and re-rated the stock to a lower target price but kept the buy recommendations.  The last drop looks silly to me.  Didn't hit targets - sure, somewhat true but growing revenue and profits nonetheless.  Maybe management will learn to underpromise and over deliver and regain some of the positive momentum that it had months back.  I like the company.  I like the growth trajectory.  I see a lot of potential for this one to recoup and follows the charts - 50% retracement takes it back to $5 in the next month or so, ignoring the forthcoming NRs about accquisitions, and these have been projected in the announcement before quarterlies were released.


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