NEW YORK (TheStreet) -- CEMEX (CX) - Get Report  shares are sliding 1.42% to $6.92 for the fifth day amid ongoing concerns about China's economic health, Bloomberg reports.

Additionally, "While 80% of CEMEX's cash flow comes from Latin America, 80% of its debt is U.S. dollar denominated, causing a foreign currency 'mismatch' that is capping the company's stock performance," according to Morgan Stanley. 

But the greater concern is about the growth of the economy causing macro volatility, Hugo Mendoza, an analyst at Invex pointed out. 

Based in Mexico, CEMEX produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, and other construction materials.

Separately, TheStreet Ratings team rates INTL BUSINESS MACHINES CORP as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate INTL BUSINESS MACHINES CORP (IBM) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself."

You can view the full analysis from the report here: IBM

Image placeholder title


data by