10 Best Construction Stocks to Buy Now

3. Martin Marietta Materials, Inc. (NYSE:MLM)

Number of Hedge Fund Holders: 54

Martin Marietta Materials, Inc. (NYSE:MLM) is a natural resource-based building materials company, that is engaged in supplying aggregates and heavy-side building materials to the construction industry. Analyst Angel Castillo from Morgan Stanley maintained a “Buy” rating on the company’s stock, keeping the price target at $622.00. The analyst’s rating was backed by a combination of factors such as Martin Marietta Materials, Inc. (NYSE:MLM)’s encouraging 2025 guidance and its better-than-anticipated performance in key areas.

As per the analyst, the company’s overall 2025 outlook matched or exceeded expectations, mainly in terms of aggregates volume and pricing growth. Martin Marietta Materials, Inc. (NYSE:MLM)’s outlook for aggregates volume growth of 2.5% – 5.5% YoY remains slightly more optimistic than previous projections and the broader market consensus. Notably, potential policy changes can result in significant benefits to the company’s business. The renewed focus on infrastructure development can result in higher demand for construction materials.

Large-scale projects including road construction, bridge repairs, and public works can benefit Martin Marietta Materials, Inc. (NYSE:MLM) as a critical supplier of aggregates and cement. Also, policies focused on reducing regulatory burdens in the overall construction and mining industries can lower the compliance costs for the company, helping profit margins.