Mad Money Mailbag: Texas Industries Has Room to Grow

Editor's note: The following is a question received from a viewer of "Mad Money," seen every day at 6 p.m. EDT on CNBC.


I am a Jim Cramer "junkie." What do you think of Texas Industries (TXI)?

-- Lori from California

James J. Cramer: Even though the stock is up 20% on the year, I still believe it is attractive at just 9 times expected 2005 earnings. The company is spinning off its larger steel business, to focus on its cement division.

There should be steady demand for building products over the next several quarters, especially as the Gulf Coast rebuilds, and I would not be surprised to see Texas Industries move back over $60 by the end of the year.

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