DA Davidson analyst Brent Thielman says he continues to view U.S. Concrete as an "attractive investment opportunity" following yesterday's short report. While a bear thesis calling an end to the cycle may never completely abate as long as revenue continues to grow, stronger Q2 and Q3 results may help ease concerns regarding cycle momentum, Thielman tells investors in a research note partially titled "Still A Concrete Investment Here." He notes that U.S. Concrete, like essentially all other public heavy building materials suppliers, is a roll-up of local/regional operators serving distinct local markets. Further, he argues that U.S. Concrete's annual gross margins have been stable for three consecutive years, albeit with evident fluctuations quarter-to-quarter. The analyst keeps a Buy rating on the shares with a $95 price target.