JPMorgan sees construction-materials guidance cuts; names MLM among preferred stocks

On Oct. 13, JPMorgan said it expected most construction-materials companies to lower FY2026 guidance before Q3 results, citing diesel-cost and pricing headwinds and muted volumes. It ranked Cemex, Martin Marietta, CRH and GCC in that order, all Overweight; MLM fell 0.87% that day, CRH 0.95%, GCC 1.71%, while Cemex rose 1.20%.