Catalystrader
Long

$SUM crushed but poised to benefit bigly from infrastucure spend

NYSE:SUM   SUMMIT MATERIALS INC
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$SUM has been absolutely destroyed since early 2018 highs of $34 and now trading at $13. You can buy this materials company at 1/3 of the price it was trading at just a few months ago and join the likes of David Tepper and Steve Cohen who own this buying at prices much cheaper. Once the midterms pass we will see infrastructure bills coming to repair our crumbling infrastructure and US based companies such as $SUM are poised to benefit "bigly". $SUM reversed today off the lows on higher than normal volume in bull hammer formation. I am buying stock here
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