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Best Basic Material Stocks to Buy Now (2022)
Top basic material stocks in 2022 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
TGLS
TECNOGLASS INC
NASDAQ
Building Products & Equipment
$950.16M$19.932.05%$165.22M10.02x1.29
METC
RAMACO RESOURCES INC
NASDAQ
Coking Coal
$398.42M$9.045.24%$163.18M3.98x0.75
CMCL
CALEDONIA MINING CORP PLC
NYSEMKT
Gold
$114.47M$8.921.59%$46.80M3.98x0.14
ARLP
ALLIANCE RESOURCE PARTNERS LP
NASDAQ
Thermal Coal
$2.87B$22.544.50%$656.79M9.63x0.73
STLD
STEEL DYNAMICS INC
NASDAQ
Steel
$12.92B$70.761.55%$6.17B3.14x0.81
ROCK
GIBRALTAR INDUSTRIES INC
NASDAQ
Building Products & Equipment
$1.17B$37.13-1.62%$141.43M14.91x0.59
CENX
CENTURY ALUMINUM CO
NASDAQ
Aluminum
$556.37M$6.095.55%$236.40M9.37x2.31
KRO
KRONOS WORLDWIDE INC
NYSE
Specialty Chemicals
$1.08B$9.36-12.36%$305.10M6.28x1.17
BTG
B2GOLD CORP
NYSEMKT
Gold
$3.06B$2.881.05%$674.34M7.78x0.20
NTR
NUTRIEN LTD
NYSE
Agricultural Inputs
$45.61B$84.643.54%$11.75B6.83x1.08
FMC
FMC CORP
NYSE
Agricultural Inputs
$13.23B$105.001.66%$1.12B19.30x2.55
BLDR
BUILDERS FIRSTSOURCE INC
NYSE
Building Products & Equipment
$8.47B$54.292.65%$4.20B3.69x1.35
CBT
CABOT CORP
NYSE
Specialty Chemicals
$3.58B$63.57-2.65%$451.00M25.53x2.82
GGB
GERDAU SA
NYSE
Steel
$7.65B$4.453.49%$5.08B2.34x0.73
GFI
GOLD FIELDS LTD
NYSE
Gold
$6.47B$7.291.96%$1.32B8.19x0.81
EXP
EAGLE MATERIALS INC
NYSE
Building Materials
$3.89B$103.28-1.03%$651.88M10.61x1.47
ZEUS
OLYMPIC STEEL INC
NASDAQ
Steel
$258.50M$23.230.43%$225.58M1.85x1.17
CF
CF INDUSTRIES HOLDINGS INC
NYSE
Agricultural Inputs
$19.10B$95.876.10%$4.79B7.83x1.29
JHX
JAMES HARDIE INDUSTRIES PLC
NYSE
Building Materials
$8.71B$19.56-1.91%$909.10M17.31x2.19
NTIC
NORTHERN TECHNOLOGIES INTERNATIONAL CORP
NASDAQ
Specialty Chemicals
$108.94M$11.801.03%$10.73M14.75x0.25
HUN
HUNTSMAN CORP
NYSE
Chemicals
$4.86B$24.120.50%$1.94B4.12x1.05
UFPI
UFP INDUSTRIES INC
NASDAQ
Lumber & Wood Production
$4.23B$68.710.51%$984.42M6.61x0.56
EMN
EASTMAN CHEMICAL CO
NYSE
Chemicals
$8.70B$70.86-0.76%$2.19B7.63x1.78
HDSN
HUDSON TECHNOLOGIES INC
NASDAQ
Specialty Chemicals
$310.19M$6.894.08%$123.02M3.36x1.02
NRP
NATURAL RESOURCE PARTNERS LP
NYSE
Thermal Coal
$512.62M$40.990.99%$239.91M2.81x1.03
ASIX
ADVANSIX INC
NYSE
Chemicals
$878.02M$31.35-0.60%$327.41M4.51x1.06
ARCH
ARCH RESOURCES INC
NYSE
Thermal Coal
$2.15B$115.894.21%$1.16B1.86x0.95
NUE
NUCOR CORP
NYSE
Steel
$27.56B$105.291.84%$12.91B3.24x0.82
WMS
ADVANCED DRAINAGE SYSTEMS INC
NYSE
Building Products & Equipment
$10.04B$120.180.46%$700.62M26.24x2.05
CSL
CARLISLE COMPANIES INC
NYSE
Building Products & Equipment
$14.20B$274.520.30%$1.31B18.73x1.64
CMC
COMMERCIAL METALS CO
NYSE
Steel
$4.38B$36.392.54%$1.59B4.08x0.94
LGO
LARGO INC
NASDAQ
Other Industrial Metals & Mining
$341.55M$5.273.13%$59.94M13.18x0.24
ERO
ERO COPPER CORP
NYSE
Copper
$869.18M$9.601.80%$259.80M5.33x1.26
PATK
PATRICK INDUSTRIES INC
NASDAQ
Building Products & Equipment
$998.48M$43.670.39%$642.82M2.83x2.37
SQM
CHEMICAL & MINING CO OF CHILE INC
NYSE
Chemicals
$26.91B$94.222.62%$919.10M150.75x1.20
MOS
MOSAIC CO
NYSE
Agricultural Inputs
$16.72B$48.444.15%$5.45B5.47x1.03
IOSP
INNOSPEC INC
NASDAQ
Specialty Chemicals
$2.12B$85.49-1.97%$198.50M18.23x0.53
CC
CHEMOURS CO
NYSE
Specialty Chemicals
$3.74B$24.100.67%$1.51B4.40x5.37
RS
RELIANCE STEEL & ALUMINUM CO
NYSE
Steel
$10.41B$172.612.12%$2.83B5.62x0.52
DOOR
MASONITE INTERNATIONAL CORP
NYSE
Building Products & Equipment
$1.52B$68.042.56%$329.27M11.17x2.39
WDFC
WD 40 CO
NASDAQ
Specialty Chemicals
$2.47B$181.61-0.03%$87.59M40.90x1.20
VALE
VALE SA
NYSE
Other Industrial Metals & Mining
$60.74B$12.55-0.32%$31.83B2.81x1.57
RIO
RIO TINTO LTD
NYSE
Other Industrial Metals & Mining
$85.22B$52.382.26%$34.29B4.02x0.90
AVNT
AVIENT CORP
NYSE
Specialty Chemicals
$2.82B$31.04-5.74%$556.00M11.25x1.78
AVTR
AVANTOR INC
NYSE
Specialty Chemicals
$13.49B$20.01-2.29%$1.45B21.52x2.01
ASTL
ALGOMA STEEL GROUP INC
NASDAQ
Steel
$1.10B$7.42-1.85%$1.12B1.15x1.21
SVM
SILVERCORP METALS INC
NYSEMKT
Silver
$362.82M$2.050.49%$82.37M12.81x0.22
MP
MP MATERIALS CORP
NYSE
Other Industrial Metals & Mining
$4.94B$27.81-0.57%$346.78M19.45x0.80
SSD
SIMPSON MANUFACTURING CO INC
NYSE
Building Products & Equipment
$3.36B$77.730.93%$505.85M10.13x0.94
SBSW
SIBANYE STILLWATER LTD
NYSE
Gold
$5.85B$8.332.08%$3.14B2.87x0.90
OC
OWENS CORNING
NYSE
Building Products & Equipment
$7.38B$76.682.16%$2.17B6.76x1.31
OLN
OLIN CORP
NYSE
Specialty Chemicals
$6.16B$42.45-0.35%$2.82B4.35x2.22
ICL
ICL GROUP LTD
NYSE
Agricultural Inputs
$10.73B$8.312.34%$3.48B6.30x1.24
IBP
INSTALLED BUILDING PRODUCTS INC
NYSE
Building Products & Equipment
$2.27B$78.923.16%$364.06M14.59x3.25
LPX
LOUISIANA-PACIFIC CORP
NYSE
Building Products & Equipment
$3.64B$49.221.69%$2.00B2.95x0.71
SXT
SENSIENT TECHNOLOGIES CORP
NYSE
Specialty Chemicals
$2.93B$69.75-1.08%$247.83M21.33x0.88
SUZ
SUZANO SA
NYSE
Paper & Paper Products
$10.96B$8.052.42%$4.69B4.81x4.09
BXC
BLUELINX HOLDINGS INC
NYSE
Building Products & Equipment
$545.70M$58.791.57%$504.88M1.74x2.02
MAG
MAG SILVER CORP
NYSEMKT
Silver
$1.05B$10.67-1.75%$14.63M59.28x0.01
RPM
RPM INTERNATIONAL INC
NYSE
Specialty Chemicals
$10.91B$84.57-0.31%$846.82M22.20x2.38
SAND
SANDSTORM GOLD LTD
NYSEMKT
Gold
$1.07B$5.573.92%$122.76M17.41x0.07
AU
ANGLOGOLD ASHANTI LTD
NYSE
Gold
$5.31B$12.713.67%$934.00M8.59x0.97
TGB
TASEKO MINES LTD
NYSEMKT
Other Industrial Metals & Mining
$300.60M$1.05-0.94%$137.40M11.29x2.31
NGVT
INGEVITY CORP
NYSE
Specialty Chemicals
$2.28B$60.02-0.89%$360.80M16.01x2.62
NC
NACCO INDUSTRIES INC
NYSE
Thermal Coal
$346.28M$47.210.96%$123.87M4.16x0.36
SSRM
SSR MINING INC
NASDAQ
Gold
$2.76B$13.220.84%$517.78M7.30x0.29
RFP
RESOLUTE FOREST PRODUCTS INC
NYSE
Paper & Paper Products
$1.54B$20.02-0.74%$680.00M3.67x1.00
BHP
BHP GROUP LTD
NYSE
Other Industrial Metals & Mining
$122.85B$48.502.17%$48.29B3.97x1.03
TREX
TREX CO INC
NYSE
Building Products & Equipment
$4.86B$44.122.68%$383.37M19.44x0.38
CCF
CHASE CORP
NYSEMKT
Specialty Chemicals
$782.11M$82.60-0.48%$75.26M17.39x0.15
MTRN
MATERION CORP
NYSE
Other Industrial Metals & Mining
$1.56B$76.101.14%$144.18M20.74x1.27
TG
TREDEGAR CORP
NYSE
Specialty Chemicals
$326.57M$9.611.26%$93.67M5.49x1.70
LTHM
LIVENT CORP
NYSE
Specialty Chemicals
$5.61B$31.323.81%$193.30M47.45x0.35
FSM
FORTUNA SILVER MINES INC
NYSE
Silver
$614.87M$2.110.96%$265.33M14.07x0.44
CE
CELANESE CORP
NYSE
Chemicals
$9.57B$88.280.49%$2.85B4.90x1.53
DOW
DOW INC
NYSE
Chemicals
$31.45B$43.790.92%$12.04B4.88x2.25
LYB
LYONDELLBASELL INDUSTRIES NV
NYSE
Specialty Chemicals
$23.90B$73.281.50%$8.49B4.45x2.03
SID
NATIONAL STEEL CO
NYSE
Steel
$3.15B$2.27-1.30%$4.40B1.31x2.76
CLW
CLEARWATER PAPER CORP
NYSE
Paper & Paper Products
$626.63M$37.430.08%$198.40M14.62x2.14
SCHN
SCHNITZER STEEL INDUSTRIES INC
NASDAQ
Steel
$805.02M$29.332.52%$326.72M4.11x0.98
NX
QUANEX BUILDING PRODUCTS CORP
NYSE
Building Products & Equipment
$607.92M$18.350.00%$151.56M7.17x0.65
MERC
MERCER INTERNATIONAL INC
NASDAQ
Paper & Paper Products
$790.70M$11.951.62%$639.58M2.59x2.21
GEVO
GEVO INC
NASDAQ
Specialty Chemicals
$531.48M$2.265.61%-$53.70M-7.79x0.17
BCC
BOISE CASCADE CO
NYSE
Lumber & Wood Production
$2.23B$56.532.11%$1.15B2.86x0.78
PGTI
PGT INNOVATIONS INC
NYSE
Building Products & Equipment
$1.16B$19.331.79%$179.87M17.57x1.63
GMS
GMS INC
NYSE
Building Products & Equipment
$1.66B$39.091.48%$588.21M5.57x1.82
CSTM
CONSTELLIUM SE
NYSE
Aluminum
$1.47B$10.223.86%$723.23M13.14x8.12
APOG
APOGEE ENTERPRISES INC
NASDAQ
Building Products & Equipment
$841.52M$37.981.85%$94.08M52.75x1.77
AA
ALCOA CORP
NYSE
Aluminum
$6.24B$34.700.67%$2.62B6.61x1.49
VMC
VULCAN MATERIALS CO
NYSE
Building Materials
$20.25B$152.34-1.05%$1.45B34.08x1.11
CTVA
CORTEVA INC
NYSE
Agricultural Inputs
$41.15B$57.26-0.61%$3.51B24.06x0.57
IFF
INTERNATIONAL FLAVORS & FRAGRANCES INC
NYSE
Specialty Chemicals
$23.97B$94.00-2.37%$2.26B37.45x0.94
AWI
ARMSTRONG WORLD INDUSTRIES INC
NYSE
Building Products & Equipment
$3.63B$78.271.01%$355.10M19.52x2.29
CGAU
CENTERRA GOLD INC
NYSE
Gold
$889.14M$4.046.04%$505.07M3.11x0.23
ESI
ELEMENT SOLUTIONS INC
NYSE
Specialty Chemicals
$4.05B$16.52-1.43%$476.80M25.42x1.08
MAS
MASCO CORP
NYSE
Building Products & Equipment
$10.35B$45.890.64%$1.45B12.71x-8.10
WLKP
WESTLAKE CHEMICAL PARTNERS LP
NYSE
Chemicals
$726.47M$20.633.51%$199.66M9.73x1.68
USLM
UNITED STATES LIME & MINERALS INC
NASDAQ
Building Materials
$582.68M$102.70-1.71%$68.89M15.37x0.14
JELD
JELD-WEN HOLDING INC
NYSE
Building Products & Equipment
$741.48M$8.801.15%$357.26M6.29x4.18
WLK
WESTLAKE CORP
NYSE
Specialty Chemicals
$10.61B$82.891.39%$4.91B3.73x1.11

Basic Material Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
16+3.27%-7.35%-15.86%+5.52%12.20x1.92x+26.85%+11.04%+19.71%+28.92%Buy
4+1.36%-13.60%-25.64%-42.64%-10.20x1.26x+24.27%+5.23%+13.95%+87.40%Buy
13-1.27%-7.06%-11.67%-19.27%19.14x1.92x+15.53%+6.52%+11.02%+42.75%Buy
33+1.21%-6.41%-12.82%-20.66%14.15x3.36x+11.87%+13.95%+24.75%+46.22%Buy
22+0.29%-7.68%-16.54%-18.40%32.66x1.94x+32.80%+9.06%+14.72%+43.35%Buy
5+3.47%-2.24%-17.33%+3.35%2.67x1.20x+46.34%+23.65%+27.79%+55.81%Buy
5+1.49%-7.14%-8.16%-14.27%9.49x2.37x+32.47%+12.17%+23.87%+27.30%Buy
44+0.68%-6.48%-8.48%-19.17%9.88x1.26x+8.04%+5.68%+8.56%+74.06%Buy
5+0.81%-7.42%-17.62%-5.28%0.11x1.35x+15.56%+15.05%+25.42%+44.93%Buy
35+2.13%-7.51%-12.76%-11.27%2.53x1.93x+50.04%+22.18%+38.53%+59.25%Buy
13+0.31%-11.32%-14.15%-54.65%-3.17x0.84x-18.51%-5.66%-4.11%+174.92%Buy
8-0.75%-7.35%-16.17%-13.00%4.78x1.78x+48.99%+8.88%+14.81%+31.63%Strong Buy
7-0.34%-11.40%-11.95%-40.11%-17.74x1.13x-1.55%-0.93%+2.67%+101.93%Strong Buy
53-0.35%-5.72%-11.52%-20.49%35.31x3.15x+21.92%+5.70%+10.44%+35.48%Buy
23+2.02%-5.96%-15.69%-5.97%3.43x0.76x+45.46%+22.30%+33.74%+33.02%Hold
8+4.67%-7.59%-19.83%+87.05%6.33x1.74x+68.56%+26.39%+33.26%+24.99%Strong Buy
8+4.27%-8.91%-18.56%+1.08%-117.75x3.12x-3.15%+1.87%+4.26%+44.55%Buy

Basic Material Stocks FAQ

What are the best basic material stocks to buy right now in Sep 2022?

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

1. Tecnoglass (NASDAQ:TGLS)


Tecnoglass (NASDAQ:TGLS) is the top basic material stock with a Zen Score of 68, which is 31 points higher than the basic material sector average of 37. It passed 27 out of 38 due diligence checks and has strong fundamentals. Tecnoglass has seen its stock lose -9% over the past year, overperforming other basic material stocks by 6 percentage points.

Tecnoglass has an average 1 year price target of $35.00, an upside of 75.61% from Tecnoglass's current stock price of $19.93.

Tecnoglass stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Tecnoglass, 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.

2. Ramaco Resources (NASDAQ:METC)


Ramaco Resources (NASDAQ:METC) is the second best basic material stock with a Zen Score of 65, which is 28 points higher than the basic material sector average of 37. It passed 26 out of 38 due diligence checks and has strong fundamentals. Ramaco Resources has seen its stock lose -27.51% over the past year, underperforming other basic material stocks by -12 percentage points.

Ramaco Resources has an average 1 year price target of $15.50, an upside of 71.46% from Ramaco Resources's current stock price of $9.04.

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

3. Alliance Resource Partners (NASDAQ:ARLP)


Alliance Resource Partners (NASDAQ:ARLP) is the third best basic material stock with a Zen Score of 64, which is 27 points higher than the basic material sector average of 37. It passed 24 out of 38 due diligence checks and has strong fundamentals. Alliance Resource Partners has seen its stock return 120.55% over the past year, overperforming other basic material stocks by 136 percentage points.

Alliance Resource Partners has an average 1 year price target of $22.00, a downside of -2.4% from Alliance Resource Partners's current stock price of $22.54.

Alliance Resource Partners stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Alliance Resource Partners, 0% have issued a Strong Buy rating, 100% 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 151 basic material stocks that have issued dividends in the past year, the 3 basic material stocks with the highest dividend yields are:

1. Braskem Sa (NYSE:BAK)


Braskem Sa (NYSE:BAK) has an annual dividend yield of 33.28%, which is 30 percentage points higher than the basic material sector average of 3.73%. Braskem Sa's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Braskem Sa's dividend has shown consistent growth over the last 10 years.

Braskem Sa's dividend payout ratio of 44.2% indicates that its high dividend yield is sustainable for the long-term.

2. Mesabi Trust (NYSE:MSB)


Mesabi Trust (NYSE:MSB) has an annual dividend yield of 23.99%, which is 20 percentage points higher than the basic material sector average of 3.73%. Mesabi Trust's dividend payout is not stable, having dropped more than 10% seventeen times in the last 10 years. Mesabi Trust's dividend has not shown consistent growth over the last 10 years.

Mesabi Trust's dividend payout ratio of 157.1% indicates that its high dividend yield might not be sustainable for the long-term.

3. Cvr Partners (NYSE:UAN)


Cvr Partners (NYSE:UAN) has an annual dividend yield of 18.43%, which is 15 percentage points higher than the basic material sector average of 3.73%. 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 shown consistent growth over the last 10 years.

Cvr Partners's dividend payout ratio of 42% indicates that its high dividend yield is sustainable for the long-term.

Why are basic material stocks up?

Basic material stocks were up 0.78% in the last day, and down -6.69% over the last week. Peabody Energy was the among the top gainers in the basic materials sector, gaining 9.33% yesterday.

Shares of energy companies are trading higher as the price of oil rices amid supply disruption caused by Hurricane Ian. A pullback in the US dollar has also helped lift oil prices. It was also reported that Russia will propose OPEC+ reduce output by 1 million barrels per day at the next meeting.

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. Innospec (NASDAQ:IOSP)


Innospec (NASDAQ:IOSP) is the most undervalued basic material stock based on WallStreetZen's Valuation Score. Innospec has a valuation score of 86, which is 51 points higher than the basic material sector average of 35. It passed 6 out of 7 valuation due diligence checks.

Innospec's stock has dropped -1.72% in the past year. It has overperformed other stocks in the basic material sector by 13 percentage points.

2. Northern Technologies International (NASDAQ:NTIC)


Northern Technologies International (NASDAQ:NTIC) is the second most undervalued basic material stock based on WallStreetZen's Valuation Score. Northern Technologies International has a valuation score of 86, which is 51 points higher than the basic material sector average of 35. It passed 6 out of 7 valuation due diligence checks.

Northern Technologies International's stock has dropped -26.2% in the past year. It has underperformed other stocks in the basic material sector by -11 percentage points.

3. Tecnoglass (NASDAQ:TGLS)


Tecnoglass (NASDAQ:TGLS) is the third most undervalued basic material stock based on WallStreetZen's Valuation Score. Tecnoglass has a valuation score of 86, which is 51 points higher than the basic material sector average of 35. It passed 6 out of 7 valuation due diligence checks.

Tecnoglass's stock has dropped -9% in the past year. It has overperformed other stocks in the basic material sector by 6 percentage points.

Are basic material stocks a good buy now?

39.36% of basic material stocks rated by analysts are a buy right now. On average, analysts expect basic material stocks to rise by 42.52% 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.