$CRH Tape Reports
Per Ticker.id: $CRH Tape Reports — 5 podcast mentions across 1 podcast (30 days), latest 2026-07-28 23:12 UTC.
And maybe that will be the trampoline that you need. I don't know. Here's the bottom line. SpaceX has been a real dog since it peaked the third day after it became public. But I know there's a lot of interest in this one and a lot of faith in Elon Musk. And I like the way the stock went out today. Hey, I don't blame anyone for believing in him. I believe in him too. Guy's got an incredible long-term track record. However, if you're really looking to buy SpaceX, you know what, maybe buy a little, but I'm really begging for the to kind of wait. If you want to go big for that first wave of lockup when insider selling expires next Thursday, be patient. Let it drag the share price lower before you pull the trigger. Bad Bunny's back after the break. Coming up, they form the foundation of most of our world, so can aggregate stocks be the foundation of your portfolio? Kramer is digging in next. Yes, I paid this real cool visit to CRH. That's the largest aggregate producer in North America. Rocks at their Mount Hope Quarry, not that far from here in northern New Jersey. And I spoke to CEO Jim Minter. This maker of rocks for infrastructure and construction, largely like gravel, has been a terrific long-term performer, up more than 80% since it switched its primary listing to the New York Stock Exchange nearly 3 years ago. But the stock's down 17% year to date, mostly thanks to worries about higher oil, higher interest rates. We've seen similar pullbacks in Vulcan Materials, Martin Materials, the other 2 big aggregates companies. It's the Big Three. And that's why I think this group deserves a closer look. I'm always looking for things that are down. That can go higher. You know, I don't care that much about the things that are flying. Remember, right now investors are looking for growth wherever they can find it, as long as it's not only perfectly related to data center. People want diversification. I don't blame them. And I see an opportunity in the aggregates companies. They've been hammered by high oil prices because quarrying stone consumes a ton of diesel. They've been hammered by higher interest rates because they make new construction more expensive to finance. Although, as we saw from C.H.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/28/26 · 2026-07-28yesterday, a lot of business that they have is road building and the government maintains the roads. Good customer. And oil's already plummeted back to the 70s and Treasury yields are coming down too. So that's not so bad. Plus, these companies all have major barriers to entry for the simple reason that rocks are really heavy and thus expensive to transport. You need local quarries wherever you are operating and getting permits to start a new one can take years. Assuming you can even get a permit. Not a lot of company, not a lot of homeowners want quarries next to them. That gives the established producers tremendous pricing power, which is why their stocks have been such long-term winners. Sure, the aggregate companies have some data center exposure. The rock can form the foundation of a data center campus. I saw a model of how there's the stuff that's really underneath the data center. It's pretty, pretty intriguing because it's not just rocks, but you need their stuff. And you know what? It can also work underneath a highway, a bridge, an LNG facility, a warehouse, a housing development. That's where some really specialized rocks are. It's kind of diversified exposure, enough infrastructure to provide upside, but enough diversification that one hyperscaler changing its capital spending plan won't wreck the entire business. CRH reminded me of this opportunity when I visited yesterday, but historically, you know, I didn't really know CRH that well, and I've been much more of a fan of Vulcan Materials and especially Martin Marietta. So let's take them one at a time. I think it's really valuable. Vulcan Materials is the nation's largest producer of construction aggregate. Now, this is the example I used in How to Make Money in Any Market to demonstrate what long-term compounding from a growth stock can look in an incredibly basic business. Rocks. Get this, $1 invested in Vulcan on December 21st, 1925, $1 would have grown to $393,492 by the end of 2023. So remember, it's yours. You give it to your kids, they inherit it, maybe even goes further. And listen to that kind of thing. Okay. That's a big win. Now, it didn't happen because someone perfectly timed every housing cycle or recession or infrastructure bill.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/28/26 · 2026-07-28This is a testament to the staying power and long-term growth of the rock business and the earnings power of a well-run company when you hold it for decades. That's what we try to teach here on the show. Now, Vulcan reports tomorrow before the open. We know the company executed well in the first quarter despite difficult environment. I'm optimistic, even though this quarter may also be a tough one. And look, the stock is not cheap, especially compared to its peers. This one sells for almost 32 times this year's earnings estimate. That's like a tech stock versus 31 times for Martin Marietta, also expensive, just 17 times for CRH, which is one of the reasons why I want to spend some time. So yes, you're paying a premium for Vulcan Materials, but companies like these rarely look statistically cheap because the market understands the quality of the reserves and pricing power. Vulcan has repeatedly demonstrated over multiple decades that it can grow profitability through different environments. If rates eventually come down and housing recovers, Vulcan should have volume upside on top of the pricing and productivity gains it's already delivering. If tomorrow's quarter confirms that volumes, pricing, and margins remain intact, I think we get a nice snapback like we saw a lot of the snapbacks in today's session. How about Martin Marietta Materials, the country's second largest domestic aggregate producer?
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/28/26 · 2026-07-28Now, they report Thursday and its previous quarter was strong, albeit not perfect. These guys have been on the show a lot. The big story here is their agreement to acquire Luast. Now, that is a North American company and the deal's big, $13.5 billion in cash and stock. CEO Ward Knight came on CNBC to explain why Martin Mayer is making such a large bet on a major producer of lime, dolomitic lime, you know, like the Dolomites, and industrial minerals. The deal brings 20 quarries and production facilities, 45 distribution terminals, and $1.8 billion annual sales. Lime starts with the same core quarrying skills as aggregates, but it serves a broader collection of end markets from steel manufacturing to wafer treatment, environmental applications, infrastructure, soil stabilization, and industrial production. There are no meaningful substitutes, limited import competition, yay, and enormous barriers to building new supply. And that's why Martin Mayer is willing to pay so much for this thing. It'll make them a heck of a lot more profitable, but also make them more diversified. But I, I can't ignore the risk here. Marriott has a strong takeover record. They've done a really good job. But these companies are long-term roll-ups. They buy assets repeatedly and sometimes they get the timing wrong. The Wast is a terrific business, but Marriott is paying a full price here, issuing a lot of stock and taking on substantial debt. That's worrisome. So there's some execution risk. And we also have to worry about the broader economy. That's the key difference between Martin Meredith and Vulcan today. Vulcan offers the cleaner aggregate story with a focused portfolio, strong unit profitability and less near-term risk at almost a similar multiple. Martin Meredith potentially has more upside, but the Luhua Steel also means, I think, a little more risk, maybe like kind of like the CRH come that is buying out, you know, making an acquisition and you just, you know, you say to yourself, are these acquisitions a bridge too how far the economy goes. Well, the economy doesn't do well. Plus, both companies remain hostage to the broader economy. There's real earnings risk when construction volumes decline, weather's poor, public funding weakens, or energy costs spike. But their earnings power is not as boom-bust as it used to be.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/28/26 · 2026-07-28And that is why these stocks have been able to compound for so long despite periodically ugly construction cycles. And it's why they get such high price-to-earnings multiples, even though they make ROCKS. In the end, the 3 big aggregates names have pulled back hard after yesterday's visit to CRH Quarry. I want to go over my 2 favorites in the group, Vulcan and Martin Marietta, because they own scarce, difficult to replace assets that society simply can't function without. Roads need to be refurbished, bridges need to be built, factories, power plants, LNG terminals, and yes, data centers all need foundations. We can't live without these rocks. And very few companies can do all those projects that I just mentioned. So the bottom line, when I see Vulcan and Marriott pulling back, it makes me want to swoop in. This is a moment where we're looking to diversify away from data centers. And I think you could do a lot worse than the Rock Presses, which have surprising growth. That said, don't go in with the earnings coming this week and the macro environment still uncertain. We got a Fed meeting tomorrow. I recommend putting both in the shop list, buying the stocks into weakness which you often get. These are all lasting companies with much bigger moats than you would expect for companies that in the end make stone, not the most special of commodities. Let's go to Robin in Cali. Robin.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/28/26 · 2026-07-28Okay, look, we like CrowdStrike very much, and that's just my bad if we're not raising the price targets as we should. Uh, if we do like the stock, then we just have to stay on top of things. We can't do everything. If we have a really Amazing group, but we're a small group and we're going to keep trying to do well for you. CrowdStrike is an incredible stock. I know the stock was down today because Microsoft's doing some cybersecurity things. Let me tell you, CrowdStrike is part of this group that wants an open model. It's very positive. George Kurtz is probably now the foremost person in cybersecurity in the world. Own CrowdStrike. All right. Now, people, I still say own NVIDIA, don't trade it. But history is no longer on their side if they do these kinds of transactions I'm talking about. And I believe they know that maybe they're not so good. We'll make money tonight. American Express is selling off at first earnings as expected. So is now the time to buy? I'm taking a look at the quarter. Then I've been recommending Honeywell for ages, but how does it stack up post-breakup? I'm doing some of the parts and letting you know. And in my quest to find stories away from tech, I ventured out to CRH's quarry to get an up and per— really upfront personal look at American Innovation like you wouldn't believe. Don't miss my explosive interview and stay with Kramer.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/27/26 · 2026-07-27Hey Jim, I've been watching for 20 years. Thanks for all that you do. Thank you, man. Thank you. Around space. Thank you. My question is around SpaceX. I bought in at $150 and it has gone down. I bought some more and I wanted to get your thoughts on where— this is, this is complicated and I'm glad you asked me about it. We're spending a lot of time thinking about ourselves. What you have to understand is there are long, long-term believers in anything Elon trust does. So if I tell you to sell it and then get back in lower, you're going to say, well, why did you do that when Elon gets it right? So my take is we're not going to buy it for the trust, but it's Elon Musk. And if you believe in Elon, you believe in space exploration tech. Is that a punt? No, that is exactly how you should look at that company. I'm still a great believer in the great Honeywell breakup, and I think you can get in at a great price here. Maybe you wait for after the quarter coming up soon. Watch where we have money ahead. Is the data center growth story finally facing some cracks in its facade? Like I told you at the beginning of the show, I'm going to survey the space, give you my advice for staying afloat. And it's important, it's personal finance. Then I'm taking all your calls, rapid fire, as nice as the lightning round. But first, coming to you from CRH. Don't go anywhere. It's going to be a blast. Earlier today, I had a chance to visit CRH. That's the largest producer of aggregates, rocks, in North America at their Mount Hope Quarry in northern New Jersey. We're talking the literal basic building blocks of the economy here.
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/27/26 · 2026-07-27Gravel. This stock's been a great long-term performer, up over 80% since it listed on the New York Stock Exchange nearly 3 years ago. But it's been hard hit this year, down nearly 18% thanks to higher oil prices and higher interest rates that have weighed on the entire building materials cohort. As you know, the company reports on the 30th of this month. But we want to take a longer-term view on the company's business ahead of the report. And that's why I wanted to check in with Jim Minter. He's the CEO of CRH. Take a look. Jim, this is not my usual backdrop. Where the heck are we?
Jim Cramer — Mad Money w/ Jim Cramer · Mad Money w/ Jim Cramer 7/27/26 · 2026-07-27