Is Investing in Construction Materials Stocks Recommended on Wall Street? – Wall Street News

Over-year earnings growth at 37.1 percent for the current financial year

The year 2021 was the most successful for Beacon Roofing Supply. Beacon Roofing Supply had revenues of $23.45B with a net Income of $2.84B. For 2020, the company’s net sales were $6.943.9 million.

4. AK Steel Holding Corporation (AKS)

AK Steel Holding Corporation has witnessed significant price increase in the last year. The price of its shares have increased by 45% in the previous year.

AK Steel Holding Corporation is a major steel producer in across the globe. It works with companies that deal with both fabrication of stainless steel as well as steel fabrication. This isn’t only an enterprise, but Andrew Carnegie founded the company in 1901 by establishing the “Carnegie Trust for the Millionaire’s Education.” It started by mining coal in local quarries. It later expanded to the manufacturing of steel items such as pipes, railway cars, and wire rods.

The name of the company is everywherefrom vehicles to construction equipment. Their products are used all across America every day!

5. Jeld-Wen

Jeld-Wen owned by the United States, Jeld-Wen is a business which specializes in the manufacture of green interior doors is headquartered in California. Jeld-Wen designs and manufactures commercial doors, as well in vinyl, wood as well as aluminum window.

They currently have a value of $210 Million, and the net income is $1,112.9 millions. Jeld-Wen saw an 11.8 percentage increase in net revenues in the fourth quarter 2021 due enhancements in mix/volume and pricing.

6. Reliance Steel and Aluminum Co. (RS)

Reliance Steel and Aluminum Co. is a North American leader in metals and services. They offer a wide selection of goods, including the specialty steel and other metals.

RS is the company to choose when you’re looking for the metal industry. They will also offer materials for roofing, gutter businesses as well as aluminum fencing.

Reliance Steel and Aluminu

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