Is Martin Marietta Materials (MLM) Among the Best Under-The-Radar AI Stocks?

We recently published 10 Stocks Everyone’s Talking About As AI Investments Continue. Martin Marietta Materials, Inc. (NYSE:MLM) is one of the stocks analysts were recently talking about.

Kathryn Thompson, CEO of Thompson Research Group, said in a latest program on CNBC that she likes MLM amid the company’s AI exposure. Here is why the analyst likes the stock:

“The thing is that there’s been a lot of talk about AI for the past couple of years, but the first companies to see it are actually the heavy material companies, and we’ve already been seeing it. I have a couple of other examples. Martin Marietta Materials Inc (NYSE:MLM) is one — a great way to repurpose an aggregate quarry is to build a gigafactory, and they’re doing just that in Texas. Vulcan Materials said they have $35 billion of projects that are directly related not only to AI and data centers but also to the energy buildup.”

Diamond Hill Mid Cap Strategy stated the following regarding Martin Marietta Materials, Inc. (NYSE:MLM) in its Q1 2025 investor letter:

“As volatility picked up sharply in the quarter, we were active in the portfolio — and we anticipate that as volatility continues into Q2, we will likewise attempt to capitalize on compelling opportunities to reposition the portfolio for the period ahead. We initiated four new positions in Q1: Martin Marietta Materials, Inc. (NYSE:MLM), Ventas, Illumina and TransUnion.

Martin Marietta Materials is a heavy building materials supplier and the second-largest aggregates producer and distributor in the US with competitively positioned cement, ready-mix, asphalt and magnesia specialty businesses. The company has a long-term mindset, which proved effective during the last recession. Generally, the company tries to be the price leader in its markets and has historically successfully passed inflationary prices along to its clients. Given its strategic positioning in markets with strong growth potential and in states with approved multi-year Department of Transportation plans, we believe it is well-positioned for the period ahead. Recent macroeconomic uncertainty has pressured shares, introducing a compelling opportunity for us to invest in a quality aggregates company at a good entry point.”

While we acknowledge the potential of MLM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.