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 CRH plc (CRH): Why Is It Among the Best Industrial Stocks to Buy Now?
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CRH plc (NYSE:CRH) is listed among the top 10 industrial stocks to buy according to hedge funds. Industrial stocks in the US encompass sectors like manufacturing, transportation, aerospace, defense, and construction. The performance of industrial stocks is closely tied to the overall health of the economy. Recently, industrial stocks have shown resilience amid global supply chain disruptions and economic uncertainty, thanks to technological advancements and diversified service offerings. CRH plc specializes in providing building materials solutions globally and operates through four main segments. In Q1 2024, the number of hedge funds with stakes in CRH plc increased to 75 from 65 in the previous quarter. The combined value of these stakes is approximately $7.92 billion. CRH plc stands to benefit from concentrating its operations exclusively in North America. The company is a significant beneficiary of the exceptional growth in US infrastructure spending. CRH plc ranks 5th on the list of best industrial stocks to buy according to hedge funds.

#CrhPlc #IndustrialStocks #HedgeFunds #Investment

https://finance.yahoo.com/news/crh-plc-crh-why-among-213712825.html