We recently published 10 Stocks Everyone’s Talking About as AI Investments Continue. Martin Marietta Materials, Inc. (NYSE:MLM) is one of the stocks that analysts were talking about recently.
Kathryn Thompson, CEO of Thompson Research Group, said on a recent show on CNBC that she likes MLM amid the company’s exposure to AI. Here’s why the analyst likes the stock:
“The thing is, there’s been a lot of talk about AI over the last few years, but the first companies to see it are actually heavy materials companies, and we’ve already been seeing it. I have a couple more examples. Martin Marietta Materials Inc (NYSE:MLM) is one: A great way to repurpose an aggregates quarry is to build a gigafactory, and that’s what they’re doing in Texas. Vulcan Materials said it has $35 Billion of projects that are directly related not only to AI and data centers, but also to energy storage.”
Photo by Mohamed Hadji on Unsplash
Diamond Hill Mid Cap Strategy stated the following regarding Martin Marietta Materials, Inc. (NYSE:MLM) in its Investor letter for the first quarter of 2025:
“As volatility increased sharply in the quarter, we were active in the portfolio, and we anticipate that as volatility continues in the second quarter, we will also seek to capitalize on compelling opportunities to reposition the portfolio for the coming period. We initiated four new positions in the first quarter: Martin Marietta Materials, Inc. (NYSE:MLM), Sales, Illumina and TransUnion.
While we recognize the potential of MLM as an investment, our conviction lies in the belief that some AI stocks have more promise for generating higher returns and have limited downside risk. If you’re looking for an extremely cheap AI stock that’s also one of the biggest beneficiaries of Trump’s tariffs and offshoring, check out our free report on the best short-term AI stock.