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We recently published a list of These 10 Firms Led Friday’s Rally, Here’s Why. In this article, we are going to take a look at where CEMEX, S.A.B. de C.V. (NYSE:CX) stands against other firms that led Friday’s rally.
The stock market ended the week stronger with all its major indices closing higher as investors repositioned portfolios ahead of more corporate earnings next week while navigating an evolving global trade environment.
The tech-heavy Nasdaq surged by 1.26 percent, while the S&P 500 and Dow Jones eked out marginal gains of 0.74 percent and 0.05 percent, respectively.
Meanwhile, 10 companies mirrored the broader market sentiment, ending the trading week with modest gains. In this article, we have listed the 10 top-performing stocks and detailed the reasons behind their gains.
To come up with the list, we considered only the companies with a $2-billion market capitalization and $5-million trading volume.
A pile of cement on the top of the wheelbarrow in construction site.
CEMEX, S.A.B. de C.V. (NYSE:CX)
Cemex rose for a fourth straight day on Friday, adding 4.04 percent to close at $5.92 apiece as investors repositioned portfolios ahead of the release of its first quarter earnings performance while snapping up shares after earning a bullish rating from an investment firm.
Based on its website, CEMEX, S.A.B. de C.V. (NYSE:CX) is scheduled to release the results of its earnings performance for the first quarter of the year on Monday, April 28, at 11 AM New York time. Apart from the operational and financial highlights, investors will be closely watching out for its outlook for the near-term period, considering the ongoing trade tensions globally.
In other news, Barclays on Monday reaffirmed its Buy rating and $8 price target for CX, which represented a 35-percent upside from its latest closing price.
Also last week, CX announced that Cemex Ventures, its corporate venture capital and open innovation unit, executed an investment agreement with OPTIMITIVE, a Spain-based Artificial Intelligence company.
Founded in 2008, OPTIMITIVE has developed proprietary artificial intelligence software to enhance efficiency across heavy industries. It offers advanced solutions for process improvement, maintenance, and services, with a strong focus on the cement industry over the last years.
Overall, CX ranks 7th on our list of firms that led Friday’s rally. While we acknowledge the potential of CX as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.