Construction materials is the best performer in November since 1990

seekingalpha2024-11-04

Luckie8/iStock via Getty Images

Construction materials (NYSEARCA:PKB), (ITB), (PAVE) has been the best performing S&P 500 (SP500) industry between November and January, according to Oppenheimer.

In a note, analysts said that the industry was the best performer since 1990, averaging a 5.4% relative gain between November and January, and a 3.9% relative gain in November.

Semiconductors and semi equipment (SMH), (SOXX), (XSD) followed the list of highest average performance between November and January at 4.8%.

Here is the rest of the industries and their average performance, compared to the S&P 500 (SP500):

Credits to Oppenheimer.

Buy-rated construction materials stocks:

  • Martin Marietta Materials Inc. (MLM)
  • Vulcan Materials Co. (VMC)
  • Knife River Corp. (KNF)
  • CRH Plc (CRH)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment