Sectors & IndustriesBasic Materials
Best Basic Material Stocks to Buy Now (2024)
Top basic material stocks in 2024 ranked by overall Due Diligence 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
DD Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
IDR
IDAHO STRATEGIC RESOURCES INC
NYSEMKT
Gold
$162.16M$11.87-2.55%$8.63M23.27x0.15
RPM
RPM INTERNATIONAL INC
NYSE
Specialty Chemicals
$17.04B$132.43-0.30%$1.09B27.65x1.51
UROY
URANIUM ROYALTY CORP
NASDAQ
Uranium
$281.76M$2.32-4.13%$5.40M35.15x0.01
WDFC
WD 40 CO
NASDAQ
Specialty Chemicals
$3.61B$266.54-1.83%$106.47M52.06x0.95
APOG
APOGEE ENTERPRISES INC
NASDAQ
Building Products & Equipment
$1.69B$76.80-2.22%$192.77M16.07x0.81
IOSP
INNOSPEC INC
NASDAQ
Specialty Chemicals
$2.89B$115.860.10%$228.30M20.08x0.44
AAON
AAON INC
NASDAQ
Building Products & Equipment
$10.67B$131.320.04%$302.54M55.88x0.29
GFI
GOLD FIELDS LTD
NYSE
Gold
$12.86B$14.39-2.04%$1.23B18.22x0.81
NX
QUANEX BUILDING PRODUCTS CORP
NYSE
Building Products & Equipment
$1.33B$28.23-2.35%$140.10M12.49x0.47
ODC
OIL-DRI CORP OF AMERICA
NYSE
Specialty Chemicals
$635.88M$87.141.18%$79.49M13.06x0.56
CBT
CABOT CORP
NYSE
Specialty Chemicals
$5.62B$103.38-0.68%$723.00M15.23x1.51
NTIC
NORTHERN TECHNOLOGIES INTERNATIONAL CORP
NASDAQ
Specialty Chemicals
$136.09M$14.373.60%$8.83M25.21x0.27
AWI
ARMSTRONG WORLD INDUSTRIES INC
NYSE
Building Products & Equipment
$6.70B$153.65-1.07%$470.30M26.96x1.52
CENX
CENTURY ALUMINUM CO
NASDAQ
Aluminum
$1.94B$20.87-2.57%$455.70M6.34x1.95
KWR
QUAKER CHEMICAL CORP
NYSE
Specialty Chemicals
$2.72B$152.730.14%$309.33M22.36x0.89
MSB
MESABI TRUST
NYSE
Steel
$333.38M$25.41-3.46%$91.90M3.63x0.06
ASPN
ASPEN AEROGELS INC
NYSE
Building Products & Equipment
$1.08B$13.14-0.08%$32.50M657.00x0.54
LPX
LOUISIANA-PACIFIC CORP
NYSE
Building Products & Equipment
$7.92B$112.83-2.25%$684.00M19.39x0.55
EMN
EASTMAN CHEMICAL CO
NYSE
Specialty Chemicals
$11.42B$98.50-1.24%$1.90B13.08x1.65
GOLD
BARRICK GOLD CORP
NYSE
Gold
$29.41B$16.78-2.27%$4.80B18.04x0.61
STLD
STEEL DYNAMICS INC
NASDAQ
Steel
$18.63B$122.37-3.58%$2.79B10.97x0.73
HDSN
HUDSON TECHNOLOGIES INC
NASDAQ
Specialty Chemicals
$254.02M$5.62-2.26%$45.65M8.39x0.22
CSL
CARLISLE COMPANIES INC
NYSE
Building Products & Equipment
$19.04B$420.03-0.88%$1.85B14.69x1.35
FMC
FMC CORP
NYSE
Agricultural Inputs
$6.68B$53.50-1.83%$379.80M4.60x1.65
FSI
FLEXIBLE SOLUTIONS INTERNATIONAL INC
NYSEMKT
Specialty Chemicals
$49.20M$3.951.02%$6.86M11.97x0.47
BCPC
BALCHEM CORP
NASDAQ
Specialty Chemicals
$5.71B$175.73-0.86%$225.37M46.61x0.36
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
NASDAQ
Building Products & Equipment
$130.60M$16.37-2.27%$18.23M8.57x1.50
APD
AIR PRODUCTS & CHEMICALS INC
NYSE
Specialty Chemicals
$69.45B$312.300.45%$6.44B18.15x1.23
CMCL
CALEDONIA MINING CORP PLC
NYSEMKT
Gold
$197.76M$10.30-4.54%N/A21.46x0.28
ROCK
GIBRALTAR INDUSTRIES INC
NASDAQ
Building Products & Equipment
$2.03B$66.98-1.90%$169.87M18.50x0.42
RGLD
ROYAL GOLD INC
NASDAQ
Gold
$9.66B$146.93-2.22%$533.92M33.70x0.08
SVM
SILVERCORP METALS INC
NYSEMKT
Silver
$541.90M$3.05-2.87%$108.88M9.84x0.22
PPG
PPG INDUSTRIES INC
NYSE
Specialty Chemicals
$28.81B$124.170.12%$2.79B19.59x1.78
BLDR
BUILDERS FIRSTSOURCE INC
NYSE
Building Products & Equipment
$19.15B$166.43-2.49%$2.35B16.11x1.45
MLM
MARTIN MARIETTA MATERIALS INC
NYSE
Building Materials
$33.67B$550.92-1.06%$3.29B17.11x0.80
EXP
EAGLE MATERIALS INC
NYSE
Building Materials
$9.17B$273.32-1.54%$819.08M19.17x1.18
REX
REX AMERICAN RESOURCES CORP
NYSE
Chemicals
$727.81M$41.430.93%$114.91M10.73x0.12
SILV
SILVERCREST METALS INC
NYSEMKT
Other Precious Metals & Mining
$1.54B$10.37-4.34%$165.93M18.19x0.14
KALU
KAISER ALUMINUM CORP
NASDAQ
Aluminum
$1.23B$76.26-1.49%$216.80M25.94x2.47
MTX
MINERALS TECHNOLOGIES INC
NYSE
Specialty Chemicals
$2.52B$79.11-0.47%$358.30M16.73x0.97
BCC
BOISE CASCADE CO
NYSE
Building Materials
$5.23B$136.26-2.56%$709.92M13.25x0.62
RIO
RIO TINTO LTD
NYSE
Other Industrial Metals & Mining
$101.22B$62.21-1.95%$20.19B10.03x0.87
UFPI
UFP INDUSTRIES INC
NASDAQ
Lumber & Wood Production
$7.70B$126.86-1.00%$740.29M17.35x0.32
WMS
ADVANCED DRAINAGE SYSTEMS INC
NYSE
Building Products & Equipment
$9.82B$126.68-1.10%$897.55M19.95x1.49
USAP
UNIVERSAL STAINLESS & ALLOY PRODUCTS INC
NASDAQ
Steel
$411.60M$44.210.25%$60.66M15.35x0.47
CMC
COMMERCIAL METALS CO
NYSE
Steel
$6.52B$57.21-2.39%$963.93M13.65x0.59
EGO
ELDORADO GOLD CORP
NYSE
Gold
$3.27B$15.96-3.45%$565.90M11.57x0.48
ESI
ELEMENT SOLUTIONS INC
NYSE
Specialty Chemicals
$6.61B$27.29-1.91%$475.50M24.59x1.08
OC
OWENS CORNING
NYSE
Building Products & Equipment
$16.42B$191.40-1.53%$2.21B16.08x1.67
CF
CF INDUSTRIES HOLDINGS INC
NYSE
Agricultural Inputs
$15.57B$89.50-0.70%$2.53B14.14x1.18
LII
LENNOX INTERNATIONAL INC
NYSE
Building Products & Equipment
$23.67B$664.500.38%$1.07B31.39x3.39
FF
FUTUREFUEL CORP
NYSE
Specialty Chemicals
$230.63M$5.27-0.57%$46.37M6.43x0.20
ZEUS
OLYMPIC STEEL INC
NASDAQ
Steel
$441.63M$39.67-2.00%$82.18M17.40x0.77
GGB
GERDAU SA
NYSE
Steel
$6.87B$3.26-4.12%$2.73B4.59x0.52
ERO
ERO COPPER CORP
NYSE
Copper
$1.41B$13.69-4.47%$134.29M72.05x1.12
AZEK
AZEK CO INC
NYSE
Building Products & Equipment
$7.65B$53.51-0.83%$378.73M50.96x0.60
METC
RAMACO RESOURCES INC
NASDAQ
Coking Coal
$631.40M$12.020.59%$117.17M17.94x0.78
FSM
FORTUNA MINING CORP
NYSE
Gold
$1.48B$4.71-3.88%$352.51M67.29x0.43
TT
TRANE TECHNOLOGIES PLC
NYSE
Building Products & Equipment
$89.87B$399.36-0.08%$3.67B36.71x1.75
NEU
NEWMARKET CORP
NYSE
Specialty Chemicals
$5.20B$541.600.54%$712.55M12.02x1.32
TGLS
TECNOGLASS INC
NYSE
Building Materials
$3.93B$83.72-1.08%$242.75M26.24x0.62
VALE
VALE SA
NYSE
Other Industrial Metals & Mining
$42.03B$9.26-2.22%$12.49B5.06x1.35
WPM
WHEATON PRECIOUS METALS CORP
NYSE
Gold
$27.46B$60.56-1.37%$937.66M45.03x0.02
NUE
NUCOR CORP
NYSE
Steel
$29.41B$125.25-4.69%$4.51B12.07x0.63
MEOH
METHANEX CORP
NASDAQ
Chemicals
$3.08B$45.72-0.37%$667.57M20.23x2.09
ASH
ASHLAND INC
NYSE
Specialty Chemicals
$3.52B$74.780.88%$196.00M21.99x0.97
CEIX
CONSOL ENERGY INC
NYSE
Thermal Coal
$3.42B$116.48-1.30%$721.77M8.61x0.85
ARLP
ALLIANCE RESOURCE PARTNERS LP
NASDAQ
Thermal Coal
$3.41B$26.661.72%$770.32M7.57x0.58
SCL
STEPAN CO
NYSE
Specialty Chemicals
$1.65B$73.56-0.78%$176.80M36.60x0.98
ORLA
ORLA MINING LTD
NYSEMKT
Gold
$1.79B$5.58-0.89%$121.69M279.00x0.29
MAG
MAG SILVER CORP
NYSEMKT
Silver
$1.54B$14.94-2.35%$82.06M20.75x0.03
KRO
KRONOS WORLDWIDE INC
NYSE
Specialty Chemicals
$1.18B$10.27-1.15%$222.20M12.68x1.27
WLKP
WESTLAKE CHEMICAL PARTNERS LP
NYSE
Chemicals
$843.26M$23.93-0.29%$201.82M13.75x1.65
FBIN
FORTUNE BRANDS INNOVATIONS INC
NYSE
Building Products & Equipment
$9.42B$75.85-2.04%$942.50M21.19x1.75
TGB
TASEKO MINES LTD
NYSEMKT
Copper
$624.41M$2.08-0.48%$196.67M10.61x3.25
CCJ
CAMECO CORP
NYSE
Uranium
$23.53B$54.29-3.05%$614.46M87.71x0.63
HCC
WARRIOR MET COAL INC
NYSE
Coking Coal
$3.22B$61.59-3.25%$599.67M8.48x0.24
SHW
SHERWIN WILLIAMS CO
NYSE
Specialty Chemicals
$91.80B$364.50-0.64%$4.81B35.81x4.77
LEU
CENTRUS ENERGY CORP
NYSEMKT
Uranium
$1.19B$72.42-2.84%$94.90M14.78x6.74
SLVM
SYLVAMO CORP
NYSE
Paper & Paper Products
$3.60B$87.77-1.61%$563.00M13.36x2.05
USLM
UNITED STATES LIME & MINERALS INC
NASDAQ
Building Materials
$4.17B$145.94-2.14%$147.77M42.13x0.10
RS
RELIANCE INC
NYSE
Steel
$15.81B$292.16-3.08%$1.64B15.88x0.40
OLN
OLIN CORP
NYSE
Specialty Chemicals
$4.35B$37.31-2.05%$902.90M28.70x2.64
MAS
MASCO CORP
NYSE
Building Products & Equipment
$16.99B$78.76-0.59%$1.33B20.95x-58.57
SAND
SANDSTORM GOLD LTD
NYSE
Gold
$1.67B$5.62-1.23%$152.60M46.83x0.30
GMS
GMS INC
NYSE
Building Products & Equipment
$3.53B$91.00-1.43%$535.29M16.43x1.74
CARR
CARRIER GLOBAL CORP
NYSE
Building Products & Equipment
$65.51B$73.01-0.72%$6.39B18.77x1.71
MTRN
MATERION CORP
NYSE
Other Industrial Metals & Mining
$2.30B$110.60-0.82%$182.12M30.89x0.99
ARCH
ARCH RESOURCES INC
NYSE
Coking Coal
$2.79B$154.23-0.94%$371.73M15.77x0.64
AMR
ALPHA METALLURGICAL RESOURCES INC
NYSE
Coking Coal
$2.98B$228.71-1.25%$583.57M8.20x0.50
SXC
SUNCOKE ENERGY INC
NYSE
Coking Coal
$1.00B$11.91-0.58%$261.30M11.79x1.46
FCX
FREEPORT-MCMORAN INC
NYSE
Copper
$59.76B$41.59-1.16%$7.37B30.14x1.51
AEM
AGNICO EAGLE MINES LTD
NYSE
Gold
$41.99B$83.72-1.75%$3.37B42.50x0.45
SSD
SIMPSON MANUFACTURING CO INC
NYSE
Lumber & Wood Production
$7.77B$184.37-0.71%$521.76M24.20x0.56
CGAU
CENTERRA GOLD INC
NYSE
Gold
$1.23B$5.83-1.02%$373.20M11.66x0.34
ECL
ECOLAB INC
NYSE
Specialty Chemicals
$70.85B$250.200.56%$3.78B34.80x1.58
BIOX
BIOCERES CROP SOLUTIONS CORP
NASDAQ
Agricultural Inputs
$418.59M$6.660.76%$62.40M289.57x1.56
HBM
HUDBAY MINERALS INC
NYSE
Copper
$3.41B$8.66-5.36%$728.17M37.65x1.17
LYB
LYONDELLBASELL INDUSTRIES NV
NYSE
Specialty Chemicals
$24.57B$75.67-0.67%$4.65B11.48x1.72
AVNT
AVIENT CORP
NYSE
Specialty Chemicals
$4.34B$47.52-1.66%$467.60M28.98x1.55

Basic Material Industries

IndustryStocks1d %1w %1m %1y %DD ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
16-0.20%-0.97%+0.87%+3.87%31.12x1.38x+7.26%+3.11%+5.33%+12.24%Buy
4-1.57%-6.37%-4.75%+25.25%-11.52x1.98x+4.41%+1.18%+5.62%+25.42%Strong Buy
16-1.49%-4.86%-3.60%+33.96%26.05x3.11x+11.46%+6.01%+9.90%+11.57%Buy
31-0.79%-2.90%-1.44%+38.01%29.22x5.61x-13.51%+11.69%+21.09%+7.06%Buy
17-0.35%-2.16%-5.60%-21.33%14.52x1.32x+2.26%+1.22%+3.49%+38.72%Buy
6-1.36%+0.17%-5.01%-11.54%11.07x1.74x+17.04%+11.30%+15.18%+36.20%Strong Buy
7-2.21%-1.20%-3.60%+18.78%28.03x4.75x+24.47%+10.61%+21.63%+14.74%Buy
45-2.25%+0.51%+4.13%+18.50%0.40x1.84x+2.01%+1.09%+4.45%+29.60%Buy
5-1.28%-2.73%-1.50%+2.68%-10.01x1.87x+10.81%+7.34%+10.78%+19.20%Buy
39-1.53%-1.14%-1.84%-12.05%14.71x1.90x+7.87%+6.29%+16.65%+38.72%Buy
18-2.25%-0.80%+3.49%+13.03%-11.31x1.72x-2.16%-0.24%+1.85%+59.58%Strong Buy
6-1.69%-4.02%+4.09%+18.67%16.54x1.79x+12.62%+3.87%+8.49%+12.56%Buy
3-2.52%-1.31%-3.22%+22.61%-0.84x1.47x+4.21%+4.46%+6.20%+30.17%Strong Buy
60-0.48%-1.78%-3.25%+2.65%30.24x3.35x+21.11%+6.77%+12.35%+16.60%Buy
24-2.96%-6.10%-7.77%-14.94%12.58x0.78x+9.49%+6.16%+9.72%+20.14%Buy
6-0.34%-0.26%-3.60%+21.02%5.72x1.40x+22.82%+13.54%+17.85%+18.85%Strong Buy
9-3.06%-9.09%-4.80%+21.63%49.32x4.66x+8.09%+2.53%+5.42%+31.86%Strong Buy

Basic Material Stocks FAQ

What are the best basic material stocks to buy right now in Dec 2024?

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

1. Idaho Strategic Resources (NYSEMKT:IDR)


Idaho Strategic Resources (NYSEMKT:IDR) is the top basic material stock with a Due Diligence Score of 71, which is 40 points higher than the basic material sector average of 31. It passed 24 out of 33 due diligence checks and has strong fundamentals. Idaho Strategic Resources has seen its stock return 89.62% over the past year, overperforming other basic material stocks by 79 percentage points.

Idaho Strategic Resources has an average 1 year price target of $14.00, an upside of 17.94% from Idaho Strategic Resources's current stock price of $11.87.

Idaho Strategic Resources stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Idaho Strategic Resources, 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. Rpm International (NYSE:RPM)


Rpm International (NYSE:RPM) is the second best basic material stock with a Due Diligence Score of 62, which is 31 points higher than the basic material sector average of 31. It passed 23 out of 38 due diligence checks and has strong fundamentals. Rpm International has seen its stock return 20.93% over the past year, overperforming other basic material stocks by 10 percentage points.

Rpm International has an average 1 year price target of $133.44, an upside of 0.77% from Rpm International's current stock price of $132.43.

Rpm International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Rpm International, 11.11% have issued a Strong Buy rating, 33.33% have issued a Buy, 55.56% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Uranium Royalty (NASDAQ:UROY)


Uranium Royalty (NASDAQ:UROY) is the third best basic material stock with a Due Diligence Score of 60, which is 29 points higher than the basic material sector average of 31. It passed 20 out of 33 due diligence checks and has strong fundamentals. Uranium Royalty has seen its stock lose -14.71% over the past year, underperforming other basic material stocks by -25 percentage points.

Uranium Royalty has an average 1 year price target of $5.60, an upside of 141.38% from Uranium Royalty's current stock price of $2.32.

Uranium Royalty stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Uranium Royalty, 50% have issued a Strong Buy rating, 50% 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 136 basic material stocks that have issued dividends in the past year, the 3 basic material stocks with the highest dividend yields are:

1. Alpha Metallurgical Resources (NYSE:AMR)


Alpha Metallurgical Resources (NYSE:AMR) has an annual dividend yield of N/A, which is N/A percentage points lower than the basic material sector average of 2.2%.

Alpha Metallurgical Resources's dividend payout ratio of 1.8% indicates that its dividend yield is sustainable for the long-term.

2. Ssr Mining (NASDAQ:SSRM)


Ssr Mining (NASDAQ:SSRM) has an annual dividend yield of N/A, which is N/A percentage points lower than the basic material sector average of 2.2%.

Ssr Mining's dividend payout ratio of -2.9% indicates that its dividend yield might not be sustainable for the long-term.

3. National Steel Co (NYSE:SID)


National Steel Co (NYSE:SID) has an annual dividend yield of 13.34%, which is 11 percentage points higher than the basic material sector average of 2.2%. National Steel Co's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. National Steel Co's dividend has shown consistent growth over the last 10 years.

National Steel Co's dividend payout ratio of -860.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are basic material stocks down?

Basic material stocks were down -1.09% in the last day, and down -2.65% over the last week.

We couldn't find a catalyst for why basic material stocks are down.

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. Core Molding Technologies (NYSEMKT:CMT)


Core Molding Technologies (NYSEMKT:CMT) is the most undervalued basic material stock based on WallStreetZen's Valuation Score. Core Molding Technologies has a valuation score of 71, which is 48 points higher than the basic material sector average of 23. It passed 5 out of 7 valuation due diligence checks.

Core Molding Technologies's stock has dropped -10.97% in the past year. It has underperformed other stocks in the basic material sector by -22 percentage points.

2. Perma Pipe International Holdings (NASDAQ:PPIH)


Perma Pipe International Holdings (NASDAQ:PPIH) is the second most undervalued basic material stock based on WallStreetZen's Valuation Score. Perma Pipe International Holdings has a valuation score of 71, which is 48 points higher than the basic material sector average of 23. It passed 5 out of 7 valuation due diligence checks.

Perma Pipe International Holdings's stock has gained 102.85% in the past year. It has overperformed other stocks in the basic material sector by 92 percentage points.

3. Taseko Mines (NYSEMKT:TGB)


Taseko Mines (NYSEMKT:TGB) is the third most undervalued basic material stock based on WallStreetZen's Valuation Score. Taseko Mines has a valuation score of 71, which is 48 points higher than the basic material sector average of 23. It passed 5 out of 7 valuation due diligence checks.

Taseko Mines's stock has gained 69.11% in the past year. It has overperformed other stocks in the basic material sector by 58 percentage points.

Are basic material stocks a good buy now?

48.89% of basic material stocks rated by analysts are a buy right now. On average, analysts expect basic material stocks to rise by 16.95% 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 22.24x.
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.