Published on 9 Jan 2024 on Insider Monkey via Yahoo Finance
Here’s How CRH plc (CRH) Demonstrated Strong Value Creation
ClearBridge Investments, an investment management company, released its “ClearBridge International Growth EAFE Strategy” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. Holdings in Europe and the United Kingdom made significant contributions to the Strategy's performance, which exceeded its benchmark, the MSCI EAFE Index. The strategy generated gains across nine of the ten sectors in which it was invested during the quarter, on an absolute basis. Overall sector allocation contributed to the performance on a relative basis. In addition, please check the fund’s top five holdings to know its best picks in 2023.
ClearBridge International Growth EAFE Strategy featured stocks such as CRH plc (NYSE:CRH) in the fourth quarter 2023 investor letter. Headquartered in Dublin, Ireland, CRH plc (NYSE:CRH) is a building materials manufacturer and distributor. On January 8, 2024, CRH plc (NYSE:CRH) stock closed at $68.90 per share. One-month return of CRH plc (NYSE:CRH) was 4.98%, and its shares gained 58.03% of their value over the last 52 weeks. CRH plc (NYSE:CRH) has a market capitalization of $48.748 billion.
ClearBridge International Growth EAFE Strategy stated the following regarding CRH plc (NYSE:CRH) in its fourth quarter 2023 investor letter: