CONCRETE GAINS UP AHEAD
The nation's ailing roads and bridges aren't the only things likely to prosper from the $203 billion highway-spending act President Clinton signed last week. Analysts expect the government's pork-laden largesse to pave the way for solid growth at major cement and aggregate (sand and gravel) providers as public construction projects multiply in the next few years. Firms like Lafarge, Southdown, Martin Marietta Materials and Vulcan Materials will be busy laying down the concrete and asphalt, so look for their relatively affordable shares to keep rolling higher.
STATES GIVE TAX RELIEF
Now that states are suddenly flush...