Martin Marietta an infrastructure stake

The Trump Administration is doing something Democrats have been seeking for 8 years and the republican congress has blocked it, namely infrastructure investment. This is one of the few things of which they can agree. Therefore stocks like Martin Marietta are an opportunity.

Martin Marietta, an American-based company and a member of the S&P 500 Index, is a leading supplier of aggregates and heavy building materials, with operations spanning 26 states, Canada, the Bahamas and the Caribbean Islands. Dedicated teams at Martin Marietta supply the resources for the roads, sidewalks and foundations on which we live. From their website. 

www.martinmarietta.com

It meets most of the Better Investing Criteria. Here we go:

1. Its sales have increased the last five years by 20% on just over 1 billion in sales making it a mid-capitalization company.
2. Pretax profit on sales is 8% which is above the industry average of 3%.
3. Earned on equity is 6% which is also above the average of 5%.
4. Earnings per share logs in at 25% for five years, very close to sales growth. That is healthy.
5. The upside/downside ratio is 2.8 to 1 which is low by .2 but probably acceptable considering the political climate.
6. The dividend is less than 1% so it is a true growth play making it a yes in BI standards.
7. The price is barely too high. It was at 230.91 per share yesterday. $141 - $237 is the buy range. So I would and we will wait for a correction befor buying this cream puff.

I would like to invest at the $200 spot. It may never get there.