Why Battered Cemex (CX) Could Be a Great Contrarian Buy
Oct 9th, 2008 | By Irwin Greenstein | Category: Emerging MarketsMexico’s Cemex (NYSE: CX) has lost 75% of its value in one year. But emerging markets expert Irwin Greenstein says the company is like the IBM of cement. And a new public-works stimulus package from the government should breath new life into business activities. Irwin says Cemex is approaching the bottom… and could soon become a great contrarian buy