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'Market matters' morning report discusses their positive outlook for the U.S building industry and mentions three related ASX stocks with U.S exposure: JHX, REH and BKW.

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Brickworks Ltd (BKW) $27.19
In March, BKW reported an underlying loss for the half of -$37m, which was better than the consensus of -$49m. The outlook commentary was upbeat and, in hindsight, premature, but when inflation is finally put to bed and rate cuts can unfold, this building products business should be well positioned – in 2023, the business generated ~25% of its revenue from North America.
Recent weakness in BKW is starting to look interesting as a contrarian play.

[QUOTE="finicky, post: 1284139, member: 2104"] 'Market matters' morning report discusses their positive outlook for the U.S building industry and mentions three related ASX stocks with U.S exposure: JHX, REH and BKW. Not Held [TABLE] [TR] [TD]Brickworks Ltd (BKW) $27.19[/TD] [/TR] [/TABLE] [TABLE] [TR] [TD]In March, BKW reported an underlying loss for the half of -$37m, which was better than the consensus of -$49m. The outlook commentary was upbeat and, in hindsight, premature, but when inflation is finally put to bed and rate cuts can unfold, this building products business should be well positioned – in 2023, the business generated ~25% of its revenue from North America. [LIST] [*]Recent weakness in BKW is starting to look interesting as a contrarian play. [/LIST][/TD] [/TR] [/TABLE] [/QUOTE]

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