CEMEX: Improvement Is Evident, But More Is Needed To Expand The Multiple (NYSE:CX)

It has taken a lot of time, but CEMEX, S.A.B. de C.V. ( CX ) management has meaningfully improved this business. Margins have improved over the past decade, lower-quality businesses have been jettisoned, the debt is nowAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other ...