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James Hardie (JHX) Among the Best Cement Stocks to Buy for Long-Term
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James Hardie Industries plc (NYSE:JHX) is one of the Best Cement Stocks to Buy For the Long Term. On February 15, Morgan Stanley maintained a Buy rating on James Hardie Industries plc (NYSE:JHX) with a price target of $44. Earlier on February 11, Jefferies also reiterated a Buy rating on the stock and raised the price target from AUD30 to AUD33. The ratings follow the company’s fiscal Q3 2026 earnings reported on February 10. During the quarter, the company reported $1.24 billion in quarterly revenue, reflecting 30.05% year-over-year growth and ahead of expectations by $29.95 million. The EPS of $0.24 also topped expectations by $0.02. Growth for the quarter was primarily driven by the AZEK acquisition, while organic sales growth remained modest. In a research note, Jefferies described the company as one of the most “dislocated” names and added the stock to its top picks. Moreover, the firm also noted that the improved guidance of the company highlighted that it now expects Siding and Trim sales of $2.953 billion to $2.998 billion, up from previous guidance of $2.925 billion to $2.995 billion. James Hardie Industries plc (NYSE:JHX) manufactures and sells fiber cement, fiber gypsum, and related building products for interior and exterior construction. It focuses on durable solutions like siding, cladding, linings, and decking for residential, commercial, and remodel markets. While we acknowledge the potential of JHX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.