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Best Basic Material Stocks to Buy Now (2023)
Top basic material stocks in 2023 ranked by overall Zen Score. See the best basic material stocks to buy now, according to analyst forecasts for the basic materials sector.

Sector: Basic Materials
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
CENX
CENTURY ALUMINUM CO
NASDAQ
Aluminum
$999.34M$10.94-3.56%$342.90M6.47x2.07
METC
RAMACO RESOURCES INC
NASDAQ
Coking Coal
$460.19M$10.43-2.88%$194.06M3.83x0.88
HDSN
HUDSON TECHNOLOGIES INC
NASDAQ
Specialty Chemicals
$509.81M$11.31-4.16%$139.84M4.83x0.68
KRO
KRONOS WORLDWIDE INC
NYSE
Specialty Chemicals
$1.36B$11.75-0.68%$278.30M8.64x1.21
GGB
GERDAU SA
NYSE
Steel
$10.46B$6.08-1.32%$5.08B3.20x0.73
CSL
CARLISLE COMPANIES INC
NYSE
Building Products & Equipment
$12.95B$250.48-1.50%$1.47B14.86x1.54
MP
MP MATERIALS CORP
NYSE
Other Industrial Metals & Mining
$6.02B$33.91-2.39%$373.07M21.88x0.76
ROCK
GIBRALTAR INDUSTRIES INC
NASDAQ
Building Products & Equipment
$1.76B$56.91-1.19%$149.42M20.85x0.57
PATK
PATRICK INDUSTRIES INC
NASDAQ
Building Products & Equipment
$1.75B$77.19-2.98%$648.00M4.95x2.06
CMCL
CALEDONIA MINING CORP PLC
NYSEMKT
Gold
$171.19M$13.34-0.45%$48.06M5.75x0.13
CEIX
CONSOL ENERGY INC
NYSE
Thermal Coal
$2.02B$57.890.74%$776.06M5.14x1.97
HUN
HUNTSMAN CORP
NYSE
Chemicals
$6.36B$33.10-1.78%$1.82B6.12x1.10
LTHM
LIVENT CORP
NYSE
Specialty Chemicals
$4.66B$25.97-3.54%$290.00M22.20x0.48
NTR
NUTRIEN LTD
NYSE
Agricultural Inputs
$43.15B$82.96-0.27%$12.94B5.89x1.07
ERO
ERO COPPER CORP
NYSE
Copper
$1.42B$15.60-0.83%$239.29M10.06x1.27
ARCH
ARCH RESOURCES INC
NYSE
Thermal Coal
$2.68B$148.01-0.72%$1.25B2.23x0.96
SSD
SIMPSON MANUFACTURING CO INC
NYSE
Building Products & Equipment
$4.74B$111.28-4.66%$532.32M13.86x0.87
GFI
GOLD FIELDS LTD
NYSE
Gold
$9.60B$10.810.93%$1.32B12.15x0.81
ICL
ICL GROUP LTD
NYSE
Agricultural Inputs
$10.32B$8.00-3.50%$4.12B4.91x1.14
BLDR
BUILDERS FIRSTSOURCE INC
NYSE
Building Products & Equipment
$12.08B$82.10-0.18%$4.37B4.98x1.21
BXC
BLUELINX HOLDINGS INC
NYSE
Building Products & Equipment
$828.55M$91.70-2.86%$524.03M2.59x1.75
CMC
COMMERCIAL METALS CO
NYSE
Steel
$6.63B$56.57-1.11%$1.83B5.44x0.75
SQM
CHEMICAL & MINING CO OF CHILE INC
NYSE
Chemicals
$27.73B$97.09-2.09%$919.10M155.34x1.20
CF
CF INDUSTRIES HOLDINGS INC
NYSE
Agricultural Inputs
$16.86B$85.930.07%$5.63B5.62x1.39
RIO
RIO TINTO LTD
NYSE
Other Industrial Metals & Mining
$121.55B$74.71-1.11%$34.29B5.73x0.90
MERC
MERCER INTERNATIONAL INC
NASDAQ
Paper & Paper Products
$855.54M$12.93-1.62%$634.90M2.83x2.53
UFPI
UFP INDUSTRIES INC
NASDAQ
Lumber & Wood Production
$6.00B$97.32-1.62%$1.06B8.74x0.52
DOOR
MASONITE INTERNATIONAL CORP
NYSE
Building Products & Equipment
$2.08B$93.330.27%$348.98M13.18x2.22
WLK
WESTLAKE CORP
NYSE
Specialty Chemicals
$15.93B$124.94-1.66%$4.64B6.05x1.06
ZEUS
OLYMPIC STEEL INC
NASDAQ
Steel
$543.14M$48.80-2.13%$182.36M5.04x1.02
SUZ
SUZANO SA
NYSE
Paper & Paper Products
$12.31B$9.04-1.00%$6.39B3.46x3.60
RS
RELIANCE STEEL & ALUMINUM CO
NYSE
Steel
$13.83B$235.59-0.87%$2.83B7.59x0.49
RFP
RESOLUTE FOREST PRODUCTS INC
NYSE
Paper & Paper Products
$1.67B$21.78-0.14%$705.00M3.90x0.91
LYB
LYONDELLBASELL INDUSTRIES NV
NYSE
Specialty Chemicals
$31.96B$98.150.65%$6.91B7.58x1.99
CBT
CABOT CORP
NYSE
Specialty Chemicals
$4.28B$75.96-1.66%$513.00M20.81x2.78
AU
ANGLOGOLD ASHANTI LTD
NYSE
Gold
$8.39B$20.090.10%$934.00M13.57x0.97
BHP
BHP GROUP LTD
NYSE
Other Industrial Metals & Mining
$169.91B$67.08-1.58%$48.29B5.49x1.03
AVTR
AVANTOR INC
NYSE
Specialty Chemicals
$15.54B$23.051.61%$1.48B24.52x1.86
STLD
STEEL DYNAMICS INC
NASDAQ
Steel
$22.50B$128.18-3.64%$6.10B5.63x0.77
EMN
EASTMAN CHEMICAL CO
NYSE
Chemicals
$10.82B$90.20-0.23%$2.14B9.84x1.77
EXP
EAGLE MATERIALS INC
NYSE
Building Materials
$5.36B$148.64-0.91%$722.69M12.75x1.34
FMC
FMC CORP
NYSE
Agricultural Inputs
$16.05B$127.39-0.99%$1.12B24.59x2.37
OC
OWENS CORNING
NYSE
Building Products & Equipment
$9.44B$101.00-1.38%$2.40B7.37x1.30
NUE
NUCOR CORP
NYSE
Steel
$45.31B$176.63-3.83%$12.43B5.56x0.75
VALE
VALE SA
NYSE
Other Industrial Metals & Mining
$83.82B$17.32-2.08%$31.83B3.87x1.57
CC
CHEMOURS CO
NYSE
Specialty Chemicals
$5.42B$35.89-1.48%$1.57B6.27x5.03
NRP
NATURAL RESOURCE PARTNERS LP
NYSE
Thermal Coal
$675.07M$53.980.15%$284.79M2.98x0.73
GMS
GMS INC
NYSE
Building Products & Equipment
$2.54B$61.04-1.67%$633.36M7.89x1.74
ASIX
ADVANSIX INC
NYSE
Chemicals
$1.21B$43.86-1.92%$283.31M7.63x1.04
MOS
MOSAIC CO
NYSE
Agricultural Inputs
$17.17B$50.44-0.59%$6.05B4.88x1.01
IPI
INTREPID POTASH INC
NYSE
Agricultural Inputs
$445.27M$33.01-3.54%$140.22M1.48x0.11
MAS
MASCO CORP
NYSE
Building Products & Equipment
$12.49B$55.39-1.93%$1.43B15.01x-9.45
NX
QUANEX BUILDING PRODUCTS CORP
NYSE
Building Products & Equipment
$885.24M$26.72-0.41%$152.43M10.01x0.56
UNVR
UNIVAR SOLUTIONS INC
NYSE
Chemicals
$5.73B$35.14-0.80%$1.13B9.40x1.84
BAK
BRASKEM SA
NYSE
Chemicals
$3.43B$8.62-0.70%$6.10B1.13x10.98
TGLS
TECNOGLASS INC
NASDAQ
Building Products & Equipment
$1.68B$35.170.43%$204.76M13.90x1.17
CE
CELANESE CORP
NYSE
Chemicals
$13.60B$125.45-2.65%$2.71B8.25x3.24
ASH
ASHLAND INC
NYSE
Chemicals
$5.72B$105.310.63%$1.33B6.40x0.89
SVM
SILVERCORP METALS INC
NYSEMKT
Silver
$587.68M$3.33-2.70%$70.14M33.30x0.22
UAN
CVR PARTNERS LP
NYSE
Agricultural Inputs
$970.50M$91.822.93%$373.67M3.86x2.23
BTG
B2GOLD CORP
NYSEMKT
Gold
$4.07B$3.79-1.06%$509.32M16.48x0.19
ECVT
ECOVYST INC
NYSE
Specialty Chemicals
$1.43B$11.00-0.82%$217.04M20.00x1.61
WLKP
WESTLAKE CHEMICAL PARTNERS LP
NYSE
Chemicals
$835.46M$23.72-0.89%$206.47M10.88x1.64
OLN
OLIN CORP
NYSE
Specialty Chemicals
$8.66B$63.26-1.39%$2.67B6.63x2.22
SXT
SENSIENT TECHNOLOGIES CORP
NYSE
Specialty Chemicals
$3.30B$78.48-1.25%$248.43M23.64x0.93
ASTL
ALGOMA STEEL GROUP INC
NASDAQ
Steel
$900.15M$8.54-2.58%$831.02M2.33x0.77
APOG
APOGEE ENTERPRISES INC
NASDAQ
Building Products & Equipment
$1.07B$48.07-1.41%$143.84M15.21x1.43
ALB
ALBEMARLE CORP
NYSE
Specialty Chemicals
$33.65B$287.23-3.63%$2.32B21.66x1.02
NGVT
INGEVITY CORP
NYSE
Specialty Chemicals
$3.25B$86.93-0.22%$463.70M14.86x2.68
BCC
BOISE CASCADE CO
NYSE
Lumber & Wood Production
$3.09B$78.41-2.03%$1.33B3.41x0.69
OEC
ORION ENGINEERED CARBONS SA
NYSE
Specialty Chemicals
$1.33B$21.81-1.51%$277.16M14.26x3.28
AWI
ARMSTRONG WORLD INDUSTRIES INC
NYSE
Building Products & Equipment
$3.72B$81.36-1.11%$357.70M19.42x2.34
LGO
LARGO INC
NASDAQ
Other Industrial Metals & Mining
$400.67M$6.26-4.95%$45.98M28.45x0.24
PGTI
PGT INNOVATIONS INC
NYSE
Building Products & Equipment
$1.33B$22.20-0.09%$228.32M12.91x1.55
AVNT
AVIENT CORP
NYSE
Specialty Chemicals
$3.76B$41.39-2.34%$508.30M20.00x2.66
WDFC
WD 40 CO
NASDAQ
Specialty Chemicals
$2.47B$181.46-3.09%$90.17M39.53x1.31
GURE
GULF RESOURCES INC
NASDAQ
Specialty Chemicals
$36.83M$3.452.00%$45.63M3.11x0.08
NC
NACCO INDUSTRIES INC
NYSE
Thermal Coal
$281.43M$38.33-0.89%$107.90M4.11x0.35
CRH
CRH PUBLIC LTD CO
NYSE
Building Materials
$36.69B$47.40-1.79%$6.65B9.42x1.13
FSM
FORTUNA SILVER MINES INC
NYSE
Silver
$1.08B$3.71-2.70%$266.48M26.50x0.43
RPM
RPM INTERNATIONAL INC
NYSE
Specialty Chemicals
$11.80B$91.39-0.61%$915.73M22.13x2.28
ESI
ELEMENT SOLUTIONS INC
NYSE
Specialty Chemicals
$5.24B$21.65-2.54%$490.00M30.07x1.12
LPX
LOUISIANA-PACIFIC CORP
NYSE
Building Products & Equipment
$5.07B$70.67-2.58%$1.79B4.46x0.75
NEXA
NEXA RESOURCES SA
NYSE
Other Industrial Metals & Mining
$884.69M$6.68-3.59%$720.05M6.68x2.09
SID
NATIONAL STEEL CO
NYSE
Steel
$4.81B$3.47-3.17%$4.40B2.00x2.76
MAG
MAG SILVER CORP
NYSEMKT
Silver
$1.36B$13.72-2.84%$24.20M49.00x0.01
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
NASDAQ
Building Products & Equipment
$86.37M$10.790.56%$14.23M15.20x1.30
MTRN
MATERION CORP
NYSE
Other Industrial Metals & Mining
$1.87B$90.99-3.20%$151.75M24.26x1.22
SIRE
SISECAM RESOURCES LP
NYSE
Chemicals
$505.09M$25.510.16%$93.00M8.92x1.15
HCC
WARRIOR MET COAL INC
NYSE
Coking Coal
$1.96B$37.862.43%$985.44M2.87x0.44
SSRM
SSR MINING INC
NASDAQ
Gold
$3.34B$16.19-1.54%$354.60M11.40x0.29
GEVO
GEVO INC
NASDAQ
Specialty Chemicals
$510.03M$2.15-2.79%-$82.19M-5.12x0.17
ARLP
ALLIANCE RESOURCE PARTNERS LP
NASDAQ
Thermal Coal
$2.84B$22.31-3.14%$769.88M7.08x0.71
DOW
DOW INC
NYSE
Chemicals
$42.29B$60.000.15%$9.45B9.49x1.90
TG
TREDEGAR CORP
NYSE
Specialty Chemicals
$421.95M$12.41-1.61%$88.65M7.81x1.64
CGAU
CENTERRA GOLD INC
NYSE
Gold
$1.43B$6.48-0.46%$447.49M6.06x0.25
IOSP
INNOSPEC INC
NASDAQ
Specialty Chemicals
$2.84B$114.62-0.41%$216.30M21.63x0.53
LEU
CENTRUS ENERGY CORP
NYSEMKT
Uranium
$590.31M$40.60-3.03%$126.30M4.84x-7.16
HWKN
HAWKINS INC
NASDAQ
Specialty Chemicals
$898.09M$42.66-3.54%$110.42M15.07x0.74
SXC
SUNCOKE ENERGY INC
NYSE
Coking Coal
$769.80M$9.233.58%$295.80M7.69x1.86

Basic Material Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
16-1.09%+0.70%+10.01%-2.18%14.40x2.00x+25.59%+11.20%+20.83%+15.01%Buy
4-0.09%+4.88%+23.43%-8.46%-156.05x1.94x+9.15%+1.03%+7.64%+11.16%Buy
13-1.72%+3.00%+8.80%-1.24%23.86x2.57x+15.73%+6.58%+11.31%+8.31%Buy
33-0.80%+6.11%+17.28%+1.41%15.32x3.99x+21.47%+15.10%+26.56%+10.50%Buy
21-2.15%-1.51%+7.57%-1.64%33.31x2.43x+26.62%+8.16%+12.84%+7.06%Buy
5-0.46%+3.25%+21.60%-22.43%3.83x1.49x+46.12%+26.27%+32.10%+19.15%Buy
4-0.93%-0.65%+18.12%+15.13%19.31x5.01x+29.13%+11.08%+22.33%-19.94%Buy
45-3.14%-4.11%+3.29%+3.43%24.02x1.72x+7.21%+5.30%+7.99%+27.44%Buy
5-0.96%+4.20%+13.71%-5.75%3.15x1.55x+21.58%+17.58%+28.80%+4.07%Buy
34-1.18%+0.16%+16.95%+8.19%3.86x2.69x+50.46%+22.50%+38.93%+27.52%Buy
12-3.69%-5.16%+5.50%-10.71%-5.48x1.10x-10.72%-5.53%-4.71%+71.46%Buy
8+0.79%+4.81%+8.71%+12.62%4.27x1.81x+58.12%+11.59%+18.84%+27.26%Buy
7-4.96%-4.26%-4.98%-10.41%-11.56x1.48x-2.37%-1.45%+1.28%+49.76%Buy
54-1.31%+4.52%+12.48%+1.06%27.48x3.89x+23.79%+6.28%+11.37%+6.32%Buy
23+0.51%+4.06%+22.70%+32.47%5.04x1.11x+40.33%+20.23%+31.33%-7.09%Buy
8-1.35%+0.04%+10.19%+71.41%3.40x1.79x+72.99%+32.62%+42.33%+8.95%Strong Buy
9-3.54%-0.69%+19.33%+16.99%-69.76x3.26x-2.59%+1.28%+3.04%+39.78%Buy

Basic Material Stocks FAQ

What are the best basic material stocks to buy right now in Feb 2023?

According to Zen Score, the 3 best basic material stocks to buy right now are:

1. Century Aluminum Co (NASDAQ:CENX)


Century Aluminum Co (NASDAQ:CENX) is the top basic material stock with a Zen Score of 71, which is 36 points higher than the basic material sector average of 35. It passed 23 out of 33 due diligence checks and has strong fundamentals. Century Aluminum Co has seen its stock lose -34.47% over the past year, underperforming other basic material stocks by -39 percentage points.

Century Aluminum Co has an average 1 year price target of $15.00, an upside of 37.11% from Century Aluminum Co's current stock price of $10.94.

Century Aluminum Co stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Century Aluminum Co, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a Hold, while 33.33% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Ramaco Resources (NASDAQ:METC)


Ramaco Resources (NASDAQ:METC) is the second best basic material stock with a Zen Score of 68, which is 33 points higher than the basic material sector average of 35. It passed 27 out of 38 due diligence checks and has strong fundamentals. Ramaco Resources has seen its stock lose -30.19% over the past year, underperforming other basic material stocks by -35 percentage points.

Ramaco Resources has an average 1 year price target of $14.67, an upside of 40.62% from Ramaco Resources's current stock price of $10.43.

Ramaco Resources stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Ramaco Resources, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Hudson Technologies (NASDAQ:HDSN)


Hudson Technologies (NASDAQ:HDSN) is the third best basic material stock with a Zen Score of 65, which is 30 points higher than the basic material sector average of 35. It passed 21 out of 33 due diligence checks and has strong fundamentals. Hudson Technologies has seen its stock return 198.62% over the past year, overperforming other basic material stocks by 194 percentage points.

Hudson Technologies has an average 1 year price target of $9.75, a downside of -13.79% from Hudson Technologies's current stock price of $11.31.

Hudson Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Hudson Technologies, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the basic material stocks with highest dividends?

Out of 140 basic material stocks that have issued dividends in the past year, the 3 basic material stocks with the highest dividend yields are:

1. Cvr Partners (NYSE:UAN)


Cvr Partners (NYSE:UAN) has an annual dividend yield of 22.97%, which is 20 percentage points higher than the basic material sector average of 2.96%. Cvr Partners's dividend payout is not stable, having dropped more than 10% twelve times in the last 10 years. Cvr Partners's dividend has not shown consistent growth over the last 10 years.

Cvr Partners's dividend payout ratio of 86.1% indicates that its high dividend yield is sustainable for the long-term.

2. Arch Resources (NYSE:ARCH)


Arch Resources (NYSE:ARCH) has an annual dividend yield of 16.97%, which is 14 percentage points higher than the basic material sector average of 2.96%. Arch Resources's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Arch Resources's dividend has shown consistent growth over the last 10 years.

Arch Resources's dividend payout ratio of 22% indicates that its high dividend yield is sustainable for the long-term.

3. National Steel Co (NYSE:SID)


National Steel Co (NYSE:SID) has an annual dividend yield of 13.17%, which is 10 percentage points higher than the basic material sector average of 2.96%. National Steel Co's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. National Steel Co's dividend has not shown consistent growth over the last 10 years.

National Steel Co's dividend payout ratio of 24.1% indicates that its high dividend yield is sustainable for the long-term.

Why are basic material stocks down?

Basic material stocks were down -1.27% in the last day, and up 2.65% over the last week. Steel Dynamics was the among the top losers in the basic materials sector, dropping -3.64% yesterday.

Steel Dynamics shares are trading higher in sympathy with US Steel, which reported better-than-expected Q4 EPS and sales results.

What are the most undervalued basic material stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued basic material stocks right now are:

1. Mercer International (NASDAQ:MERC)


Mercer International (NASDAQ:MERC) is the most undervalued basic material stock based on WallStreetZen's Valuation Score. Mercer International has a valuation score of 100, which is 70 points higher than the basic material sector average of 30. It passed 7 out of 7 valuation due diligence checks.

Mercer International's stock has gained 2.83% in the past year. It has underperformed other stocks in the basic material sector by -2 percentage points.

2. Hudson Technologies (NASDAQ:HDSN)


Hudson Technologies (NASDAQ:HDSN) is the second most undervalued basic material stock based on WallStreetZen's Valuation Score. Hudson Technologies has a valuation score of 86, which is 56 points higher than the basic material sector average of 30. It passed 6 out of 7 valuation due diligence checks.

Hudson Technologies's stock has gained 198.62% in the past year. It has overperformed other stocks in the basic material sector by 194 percentage points.

3. Ascent Industries Co (NASDAQ:ACNT)


Ascent Industries Co (NASDAQ:ACNT) is the third most undervalued basic material stock based on WallStreetZen's Valuation Score. Ascent Industries Co has a valuation score of 86, which is 56 points higher than the basic material sector average of 30. It passed 6 out of 7 valuation due diligence checks.

Ascent Industries Co's stock has dropped -36.59% in the past year. It has underperformed other stocks in the basic material sector by -41 percentage points.

Are basic material stocks a good buy now?

40.4% of basic material stocks rated by analysts are a buy right now. On average, analysts expect basic material stocks to rise by 9.75% over the next year.

What is the average p/e ratio of the basic materials sector?

The average P/E ratio of the basic materials sector is 16.25x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.