first_img Image source: Getty Images Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Shortages of building materials have been a common complaint in recent months as the pandemic hampers construction and creates supply chain disruption. Initially, FTSE 100 building supply firm CRH (LSE:CRH) appeared to be in big trouble. Its share price collapsed over 50% in the March stock market crash. But it’s since made a dramatic recovery, and now the CRH share price is close to what it was at the start of the year. See all posts by Kirsteen Mackay Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Kirsteen Mackay | Wednesday, 21st October, 2020 | More on: CRH Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Construction stocks bounce backCRH has operations in the US, Europe and Australia, and each shows signs of recovery. As countries slip into a Covid-19-induced recession, governments are desperately looking for ways to claw their way out of the misery. One tried-and-true tradition of emerging from recession is through invigorating construction projects to improve infrastructure and get citizens working again. Governments around the world are already saying they want this to happen, and construction workers are being encouraged to keep working even in areas where stay-at-home advisories are in place. In the US, construction is considered a critical industry and therefore hasn’t been impacted as badly as other sectors.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…In the first half of 2020, CRH’s profit and revenue declined. Its revenue fell 3% and adjusted profit fell 28%. The adjusted profit drop was mainly because 2019 saw large profits from company divestments.CRH is no stranger to acquisitions and is looking to expand its presence in Australia. Covid-19 is creating a buyers’ market, so if the FTSE 100 giant makes acquisitions in the next few months, it could pick up some great bargains to complement its business and boost future profitability.Another reason the CRH share price has bounced back, is thanks to home improvements in America. Residential repair, maintenance and improvement in North America was on a roll at the height of the pandemic, as people at home opted for renovations. This boosted CRH’s building product sales by 2% compared with the first half of 2019.Future outlookAccording to its website, CRH appears to be on a recruiting spree with over 1,500 positions recently listed. This can only be a promising sign. The US is its biggest customer, so the election outcome is a consideration. However, no matter which candidate takes office, construction is likely to take priority and therefore CRH stands to benefit.Along with manufacturing building supplies, CRH is the number one asphalt producer and paver in North America. It invests in recycled materials to improve its emissions and boost its sustainability efforts. Some of its projects include building parking lots, stadiums, and highways. It’s a Fortune 500 construction stock, employing 79,000 people in 30 countries. It has a £22bn market capitalisation and its price-to-earnings ratio (P/E) is 13. It offers a welcome dividend yield of 2.4% and earnings per share are £2.18.If we don’t bring the pandemic under control, then that could be detrimental to future profits, but that’s a risk across all markets today.I think the CRH share price is in an excellent position to keep growing, particularly as its P/E remains reasonable. And as it offers a dividend, I think this makes it a good addition to a long-term investment portfolio. Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. FTSE 100 value: this construction stock has risen 29% in 6 months. Would I buy?last_img

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