We came across a bullish thesis on James Hardie Industries plc on Directionally Correct Research’s Substack by Will Powers. In this article, we will summarize the bulls’ thesis on JHX. James Hardie Industries plc's share was trading at $28.08 as of July 1st. JHX’s trailing and forward P/E were 27.44 and 22.37 respectively according to Yahoo Finance.
[caption id="attachment_560181" align="aligncenter" width="750"]James Hardie Industries (JHX), a dominant player in fiber cement siding, announced a transformative $8.75B cash-and-stock acquisition...
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