Construction materials is the best performer in November since 1990
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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)
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