CRH plc (NYSE:CRH) is one of the stocks Jim Cramer was focused on recently. During the lightning round, when a caller asked about the stock, Cramer remarked:
“It’s just, it’s as hot as a pistol. We know that that is the area that is holding up fine, despite the fact that there’s no housing to speak of. Great call there.”
Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels
CRH plc (NYSE:CRH) supplies building materials and construction solutions for infrastructure, commercial, and residential projects. The company produces cement, aggregates, concrete, asphalt, and precast products. In addition, it provides outdoor living and utility infrastructure solutions. During the April 23 episode, a caller inquired about the stock and Cramer responded:
“You know, building materials right now is not the place to be. I’ll tell you, though, if you really want to be in, near that area, I would go with Martin Marietta Materials or even Vulcan Materials. Those are my two material stocks that I like.”
Since the above comment, CRH plc (NYSE:CRH) is up around 34%.
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Disclosure: None. This article is originally published at Insider Monkey.