Sectors & IndustriesBasic Materials
Best Basic Material Stocks to Buy Now (2024)
Top basic material stocks in 2024 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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
ODC	OIL-DRI CORP OF AMERICA	$69.25	11,075	-5.41%	69.28	69.78	70.70	68.81	65.18	46.79	39.90	30.16	62.32	45.44	-0.56	-0.48	-0.07	0.59
ALB	ALBEMARLE CORP	$120.31	3,567,383	-7.44%	115.80	120.37	122.62	125.61	146.26	50.15	53.78	42.58	69.36	52.72	-1.49	-1.93	0.44	1.36
VALE	VALE SA	$12.17	28,014,646	37.07%	12.17	12.12	12.51	13.50	13.64	48.20	76.57	69.74	84.28	83.03	-0.05	-0.12	0.06	1.06
HDSN	HUDSON TECHNOLOGIES INC	$9.92	718,133	99.85%	10.46	10.55	11.86	12.50	12.18	29.75	32.21	40.86	34.57	55.63	-0.38	-0.42	0.04	0.79
UUUU	ENERGY FUELS INC	$5.18	4,234,190	-7.75%	5.48	5.91	6.09	6.68	7.04	32.53	13.52	14.72	26.74	24.82	-0.27	-0.22	-0.06	1.58
SID	NATIONAL STEEL CO	$2.69	1,766,504	-18.31%	2.77	2.83	3.09	3.36	2.97	36.04	35.24	31.91	72.41	69.04	-0.10	-0.11	0.01	1.51
EMN	EASTMAN CHEMICAL CO	$94.44	881,188	-32.64%	96.21	97.92	94.11	90.18	85.02	42.47	20.15	20.41	13.20	9.58	0.14	0.75	-0.61	1.13
ARLP	ALLIANCE RESOURCE PARTNERS LP	$22.43	457,057	-77.14%	21.42	21.18	20.18	20.42	20.78	76.06	55.69	65.45	66.67	62.70	0.44	0.35	0.09	1.09
STLD	STEEL DYNAMICS INC	$130.12	1,378,573	41.37%	134.55	139.60	137.27	127.74	116.90	34.96	29.92	28.06	32.29	27.18	-1.99	-0.64	-1.35	1.23
UFPI	UFP INDUSTRIES INC	$112.70	412,889	35.50%	112.90	115.12	115.40	116.91	109.69	44.53	53.92	45.58	67.61	58.34	-1.00	-0.94	-0.06	1.20
SILV	SILVERCREST METALS INC	$8.17	1,846,565	7.53%	7.99	7.58	6.60	6.33	5.70	63.00	87.22	93.47	80.03	87.70	0.49	0.43	0.06	0.85
DNN	DENISON MINES CORP	$1.98	21,807,117	-14.59%	2.01	2.06	1.95	1.91	1.71	47.22	35.48	27.98	42.19	31.11	0.01	0.02	-0.01	1.21
RIO	RIO TINTO LTD	$67.83	3,021,726	27.00%	67.53	66.54	64.94	67.73	66.01	57.36	85.25	87.60	77.57	86.21	0.94	0.76	0.18	0.92
CSL	CARLISLE COMPANIES INC	$388.25	580,740	27.85%	379.64	382.77	372.88	343.46	305.17	56.10	61.31	56.64	81.52	71.93	3.79	2.77	1.01	0.99
APOG	APOGEE ENTERPRISES INC	$61.78	177,423	-47.73%	60.26	59.13	58.01	55.44	51.18	60.26	87.88	86.46	90.17	90.58	1.13	0.72	0.40	1.41
LYB	LYONDELLBASELL INDUSTRIES NV	$99.97	2,316,160	25.00%	100.52	101.82	100.90	97.87	96.52	45.50	41.39	37.04	57.48	47.90	-0.15	0.01	-0.16	1.21
CBT	CABOT CORP	$91.23	282,206	9.99%	92.54	93.38	89.68	84.05	77.32	47.14	31.47	35.49	22.39	26.61	0.77	1.21	-0.43	1.28
ARCH	ARCH RESOURCES INC	$158.78	264,546	-16.30%	162.14	159.54	164.16	167.04	156.31	45.81	61.62	69.63	63.90	76.28	-0.17	-0.75	0.58	0.83
WLKP	WESTLAKE CHEMICAL PARTNERS LP	$21.86	31,355	137.27%	21.85	21.95	22.19	22.27	22.16	42.12	29.90	34.04	69.47	80.32	-0.10	-0.11	0.01	0.61
GGB	GERDAU SA	$3.48	7,067,219	34.36%	3.60	3.66	3.63	3.68	3.91	42.42	23.50	21.42	24.24	20.03	-0.02	-0.01	-0.02	1.28
FF	FUTUREFUEL CORP	$5.42	305,429	-9.35%	5.58	6.27	6.51	6.20	6.76	30.41	9.61	7.48	31.48	21.41	-0.42	-0.35	-0.07	0.94
BCC	BOISE CASCADE CO	$132.27	349,474	68.38%	136.38	143.00	139.41	134.44	119.03	37.44	21.53	26.18	29.14	32.87	-2.03	-0.83	-1.20	1.35
USLM	UNITED STATES LIME & MINERALS INC	$310.00	30,968	152.53%	302.06	299.56	287.55	261.61	234.57	66.20	96.02	88.11	100.00	88.05	5.11	4.53	0.58	0.98
NX	QUANEX BUILDING PRODUCTS CORP	$33.22	242,332	53.27%	34.00	35.54	35.59	33.57	30.80	35.73	19.64	19.08	17.95	16.43	-0.75	-0.45	-0.29	1.20
GFI	GOLD FIELDS LTD	$16.17	4,637,418	124.83%	17.27	17.38	15.67	14.87	14.02	44.59	35.27	40.42	28.46	29.34	0.36	0.55	-0.18	0.39
ECVT	ECOVYST INC	$9.43	599,223	68.70%	9.88	10.20	9.94	9.69	9.85	34.87	17.53	22.98	17.99	21.85	-0.10	-0.01	-0.09	1.05
WDFC	WD 40 CO	$226.13	121,597	71.14%	227.20	235.80	248.24	250.58	233.45	34.14	8.50	5.43	11.90	4.93	-7.10	-6.69	-0.42	0.59
OC	OWENS CORNING	$168.21	438,903	-51.27%	165.42	166.66	160.54	154.73	144.02	55.74	76.85	65.65	81.86	70.12	1.61	1.51	0.10	1.28
LII	LENNOX INTERNATIONAL INC	$463.42	263,416	-17.33%	467.08	469.55	472.45	455.16	414.96	45.53	46.04	48.75	77.79	84.36	-0.75	-1.15	0.40	0.87
RS	RELIANCE INC	$284.72	393,340	10.65%	307.02	319.72	322.55	302.81	286.57	19.63	15.35	16.22	6.49	3.83	-8.84	-4.05	-4.79	1.00
ERO	ERO COPPER CORP	$20.39	509,487	-20.78%	19.89	20.38	18.83	17.13	17.19	55.10	66.36	48.79	60.01	42.46	0.32	0.40	-0.08	1.29
GMS	GMS INC	$92.52	288,192	13.85%	91.88	94.52	93.36	87.57	76.92	46.40	43.64	36.66	61.84	49.51	-0.51	-0.28	-0.23	1.48
BIOX	BIOCERES CROP SOLUTIONS CORP	$11.80	29,041	59.72%	12.06	12.33	12.68	13.02	12.26	28.15	29.71	32.92	37.61	40.11	-0.22	-0.20	-0.03	0.55
BVN	BUENAVENTURA MINING CO INC	$17.30	2,465,728	169.36%	16.43	16.23	16.22	15.17	11.75	61.28	92.09	84.61	89.90	89.46	0.26	0.07	0.19	0.66
LPX	LOUISIANA-PACIFIC CORP	$73.19	676,364	-7.21%	73.59	75.92	76.52	72.20	66.46	39.06	31.61	34.62	55.20	57.37	-1.12	-0.88	-0.24	1.49
NEU	NEWMARKET CORP	$526.92	37,652	-40.79%	563.71	584.57	609.31	588.83	529.02	18.22	5.37	5.39	13.66	8.98	-20.54	-13.41	-7.13	0.55
TT	TRANE TECHNOLOGIES PLC	$317.34	2,418,749	28.79%	297.58	298.33	293.14	271.89	238.94	70.96	78.63	73.76	90.99	81.71	3.24	1.91	1.33	0.92
GOLD	BARRICK GOLD CORP	$16.64	30,749,920	61.69%	16.85	17.23	16.19	16.32	16.24	48.04	32.16	32.48	25.24	25.95	0.14	0.23	-0.09	0.38
ROCK	GIBRALTAR INDUSTRIES INC	$71.46	147,495	26.78%	71.88	74.01	76.07	77.96	72.82	38.93	31.02	24.57	74.21	58.33	-1.60	-1.56	-0.04	0.98
RPM	RPM INTERNATIONAL INC	$106.91	541,348	48.62%	107.48	109.46	113.42	110.85	104.52	36.45	25.89	22.50	68.29	55.44	-1.93	-1.89	-0.04	0.97
ICL	ICL GROUP LTD	$4.64	451,512	12.73%	4.67	4.80	5.04	4.92	5.28	40.10	30.60	21.71	57.56	35.31	-0.12	-0.11	-0.01	0.81
REX	REX AMERICAN RESOURCES CORP	$55.33	196,349	-1.65%	56.35	56.87	49.97	47.04	42.57	53.54	59.50	56.83	16.65	15.21	1.62	2.13	-0.52	1.19
JCI	JOHNSON CONTROLS INTERNATIONAL PLC	$65.07	5,271,462	10.79%	64.55	64.78	62.96	59.21	57.81	57.69	63.80	56.94	57.74	46.94	0.51	0.62	-0.11	0.95
OLN	OLIN CORP	$52.28	1,213,895	-9.09%	53.25	55.05	55.52	53.78	52.15	33.08	19.46	18.26	25.77	20.25	-0.98	-0.73	-0.25	1.32
TGB	TASEKO MINES LTD	$2.46	4,559,840	29.30%	2.47	2.46	2.06	1.72	1.51	56.41	76.83	73.58	52.71	50.22	0.12	0.14	-0.02	1.19
FMC	FMC CORP	$59.01	1,954,886	19.08%	58.16	58.81	59.51	58.72	65.39	49.35	48.20	41.08	74.54	60.43	-0.46	-0.60	0.14	1.02
CMC	COMMERCIAL METALS CO	$53.74	963,839	48.41%	54.54	55.74	55.31	52.83	51.36	40.72	27.30	21.73	29.40	16.14	-0.55	-0.24	-0.31	1.22
APD	AIR PRODUCTS & CHEMICALS INC	$236.34	3,555,343	126.60%	234.20	234.87	237.23	247.12	266.48	50.67	77.24	69.75	94.17	95.35	-0.75	-1.40	0.64	0.92
MAS	MASCO CORP	$68.45	2,023,920	-7.91%	70.95	73.07	74.90	71.40	63.92	27.81	20.52	21.20	7.69	6.25	-1.61	-1.12	-0.48	1.02
MOS	MOSAIC CO	$31.39	7,756,074	95.23%	30.62	31.38	31.51	32.51	34.77	51.68	38.48	26.75	52.89	28.64	-0.31	-0.30	-0.01	1.19
METC	RAMACO RESOURCES INC	$15.68	685,075	104.45%	15.74	15.84	16.93	17.48	14.19	45.48	64.41	61.08	87.31	91.60	-0.27	-0.38	0.10	1.12
MLM	MARTIN MARIETTA MATERIALS INC	$587.07	785,255	52.46%	591.82	599.73	594.09	547.67	493.56	44.77	53.58	53.61	75.68	71.21	-0.27	0.91	-1.18	1.06
MTX	MINERALS TECHNOLOGIES INC	$72.89	155,368	-15.33%	72.22	72.58	72.78	70.22	63.58	51.07	49.14	44.94	83.56	72.66	0.03	-0.15	0.17	1.23
FRD	FRIEDMAN INDUSTRIES INC	$19.43	9,169	22.89%	19.22	19.12	18.51	17.10	15.24	60.23	94.66	94.49	88.33	86.52	0.31	0.30	0.00	0.48
EXP	EAGLE MATERIALS INC	$250.71	171,422	15.61%	249.65	253.93	255.54	233.95	204.46	46.81	71.97	65.38	88.02	84.99	-0.97	-1.21	0.24	1.34
ORGN	ORIGIN MATERIALS INC	$0.81	2,339,771	127.48%	0.70	0.67	0.59	0.64	1.19	66.18	88.03	73.94	86.64	73.96	0.05	0.04	0.01	1.19
BHP	BHP GROUP LTD	$55.16	2,451,600	-1.63%	57.66	58.24	57.73	60.48	59.41	37.10	12.41	20.58	4.37	10.88	-0.41	-0.07	-0.34	1.04
AU	ANGLOGOLD ASHANTI (PTY) LTD	$22.99	2,845,900	-19.82%	23.19	23.37	21.79	19.72	19.00	51.16	57.98	48.47	55.86	47.60	0.42	0.51	-0.09	0.39
BLDR	BUILDERS FIRSTSOURCE INC	$182.82	976,102	8.30%	183.40	188.70	194.79	181.69	156.45	41.66	52.15	46.82	84.02	79.23	-3.38	-3.41	0.03	1.59
PPIH	PERMA-PIPE INTERNATIONAL HOLDINGS INC	$8.60	21,774	-45.84%	7.47	7.59	7.78	7.95	7.83	66.14	89.07	67.52	100.00	86.81	0.01	-0.12	0.14	0.17
SQM	CHEMICAL & MINING CO OF CHILE INC	$45.69	1,612,990	8.83%	44.94	46.93	47.23	48.56	53.90	47.34	36.34	26.24	44.68	27.34	-0.83	-0.70	-0.13	1.25
OEC	ORION SA	$23.66	219,609	42.31%	23.75	24.13	23.36	23.93	22.83	48.30	35.25	30.35	17.01	12.92	0.05	0.15	-0.09	1.37
ALTM	ARCADIUM LITHIUM PLC	$4.40	24,009,895	22.87%	54.48	54.78	55.81	N/A	N/A	51.04	83.85	68.13	100.00	91.40	-0.35	-0.47	0.12	1.83
CF	CF INDUSTRIES HOLDINGS INC	$78.97	1,855,819	51.87%	79.32	80.21	81.58	79.57	79.91	43.78	65.69	56.67	83.08	87.19	-0.68	-0.76	0.08	0.95
FUL	FULLER H B CO	$74.71	357,004	31.89%	75.48	76.39	78.15	78.39	74.67	40.31	25.35	17.31	52.81	33.07	-1.06	-0.92	-0.15	1.13
NTR	NUTRIEN LTD	$52.77	1,437,712	-23.96%	52.55	53.68	53.26	53.07	56.84	47.53	37.36	27.95	56.63	39.56	-0.25	-0.19	-0.06	0.90
AAON	AAON INC	$94.09	945,253	15.41%	89.09	88.69	85.78	79.23	70.22	68.57	79.34	72.95	100.00	84.49	1.85	1.34	0.51	0.90
WMS	ADVANCED DRAINAGE SYSTEMS INC	$157.00	372,649	38.90%	159.03	162.64	164.27	150.75	135.10	39.68	46.88	47.37	68.90	67.02	-1.34	-1.02	-0.32	1.36
AEM	AGNICO EAGLE MINES LTD	$63.35	3,539,976	61.79%	63.83	62.68	57.33	54.16	51.42	58.58	62.00	74.15	65.21	77.00	2.01	2.12	-0.10	0.38
GSM	FERROGLOBE PLC	$5.25	1,211,745	8.78%	5.11	5.16	4.86	5.37	5.22	58.56	49.12	44.15	48.77	40.46	0.08	0.08	0.01	1.33
MEOH	METHANEX CORP	$47.91	273,384	-54.03%	47.95	48.57	45.69	45.64	44.19	52.24	53.99	45.20	41.92	36.06	0.69	0.76	-0.07	1.30
PPG	PPG INDUSTRIES INC	$129.00	1,957,647	130.68%	131.22	134.66	138.77	141.56	138.39	31.94	14.05	12.75	28.81	18.81	-2.96	-2.53	-0.43	1.00
AWI	ARMSTRONG WORLD INDUSTRIES INC	$114.88	684,236	15.45%	115.61	117.44	120.20	109.65	92.86	41.63	49.49	44.73	78.96	74.28	-0.97	-0.92	-0.05	1.05
IOSP	INNOSPEC INC	$120.00	66,095	9.82%	121.27	122.43	124.04	121.17	112.48	40.79	22.82	21.87	36.69	34.13	-0.99	-0.78	-0.21	1.07
TILE	INTERFACE INC	$15.29	503,931	16.39%	15.38	15.72	15.60	13.96	11.84	45.97	46.70	43.83	60.66	59.53	-0.08	-0.05	-0.04	1.42
ASH	ASHLAND INC	$95.33	370,548	-2.78%	95.69	95.49	95.39	90.07	86.19	49.48	70.47	70.88	70.28	66.93	0.24	0.23	0.01	0.96
SUZ	SUZANO SA	$11.24	1,362,693	33.12%	11.62	11.90	11.95	11.35	10.90	29.28	10.34	15.53	13.76	20.15	-0.17	-0.10	-0.07	0.85
HUN	HUNTSMAN CORP	$23.86	1,647,227	-1.13%	23.93	24.46	25.17	24.84	25.23	40.93	35.52	26.50	70.61	54.48	-0.37	-0.37	0.01	1.14
TGLS	TECNOGLASS INC	$55.55	302,446	26.79%	55.75	56.13	50.80	47.59	42.08	54.67	39.43	36.68	13.27	11.37	1.26	1.73	-0.47	1.20
CMT	CORE MOLDING TECHNOLOGIES INC	$18.02	43,015	6.66%	19.11	18.72	18.59	18.19	21.29	43.71	47.36	60.11	29.97	38.44	0.11	0.18	-0.07	0.67
AXTA	AXALTA COATING SYSTEMS LTD	$31.44	4,212,601	44.92%	31.33	31.98	32.61	32.71	30.70	42.17	38.30	29.37	71.98	47.55	-0.47	-0.44	-0.03	1.14
TREX	TREX CO INC	$88.55	413,458	-7.04%	88.91	91.24	93.79	87.91	76.76	39.69	44.17	39.32	73.29	62.85	-1.48	-1.39	-0.08	1.45
CLW	CLEARWATER PAPER CORP	$45.04	409,971	110.83%	40.54	40.77	40.48	37.66	36.56	72.72	65.34	53.70	91.26	78.38	0.29	0.04	0.24	0.71
SVM	SILVERCORP METALS INC	$3.15	2,886,146	40.97%	3.46	3.60	3.11	2.80	2.67	41.10	16.86	28.76	1.99	4.68	0.04	0.13	-0.08	0.84
SSD	SIMPSON MANUFACTURING CO INC	$173.89	439,287	-6.71%	176.32	182.66	194.71	191.16	170.99	36.71	43.37	35.34	63.48	45.58	-6.30	-5.66	-0.64	1.07
NUE	NUCOR CORP	$168.53	2,173,407	81.31%	180.90	189.31	189.83	182.47	171.31	23.30	10.31	12.13	11.65	12.66	-5.34	-2.57	-2.77	1.15
IAG	IAMGOLD CORP	$3.56	6,573,672	1.25%	3.66	3.65	3.24	2.85	2.62	51.72	56.94	59.26	33.78	37.49	0.12	0.15	-0.02	0.54
AGI	ALAMOS GOLD INC	$14.71	2,571,303	32.85%	15.08	15.03	13.87	13.35	12.87	50.20	49.41	50.90	26.56	27.56	0.31	0.40	-0.08	0.39
LEU	CENTRUS ENERGY CORP	$42.93	247,380	54.25%	41.58	42.78	41.57	46.39	47.33	53.63	47.50	35.15	74.00	47.94	-0.13	-0.17	0.05	1.14
HCC	WARRIOR MET COAL INC	$68.35	796,007	40.95%	67.60	64.24	60.25	61.04	53.57	60.93	84.96	90.66	58.79	71.82	2.76	2.32	0.44	0.89
MTRN	MATERION CORP	$114.94	97,418	59.87%	118.98	122.20	128.09	125.17	115.72	34.68	18.35	19.69	36.86	38.42	-2.97	-2.63	-0.35	1.17
JHX	JAMES HARDIE INDUSTRIES PLC	$34.50	48,138	-54.48%	35.00	36.48	38.40	37.59	32.94	35.71	31.99	29.74	82.66	71.07	-1.05	-1.04	-0.01	1.26
JBI	JANUS INTERNATIONAL GROUP INC	$14.41	1,089,578	-8.94%	14.85	14.67	14.75	14.12	12.40	44.94	47.10	48.95	48.48	49.75	0.00	0.02	-0.02	0.53
HUDI	HUADI INTERNATIONAL GROUP CO LTD	$2.54	17,675	-24.41%	2.57	2.60	2.67	2.79	3.21	46.06	39.62	36.73	66.71	62.97	-0.04	-0.04	0.00	0.93
EGO	ELDORADO GOLD CORP	$14.26	1,501,249	1.15%	14.74	14.96	13.39	12.88	11.49	47.56	40.37	41.72	27.45	27.23	0.29	0.43	-0.14	0.59
DOOR	MASONITE INTERNATIONAL CORP	$132.55	286,710	-50.41%	131.68	131.28	130.94	112.86	103.25	74.65	89.72	90.65	90.16	90.73	0.85	0.94	-0.10	1.35
SCCO	SOUTHERN COPPER CORP	$116.67	2,113,928	15.02%	113.97	113.79	100.75	91.31	83.93	61.91	80.31	63.41	50.32	40.36	3.86	4.27	-0.41	1.06
HWKN	HAWKINS INC	$75.77	90,834	-7.70%	75.90	76.48	74.01	70.31	63.88	50.56	46.90	40.80	48.71	39.05	0.58	0.77	-0.19	0.91
BTU	PEABODY ENERGY CORP	$21.94	4,999,671	222.26%	23.61	23.54	24.31	24.63	23.95	30.60	40.00	54.56	45.25	65.09	-0.31	-0.25	-0.06	1.17
MAG	MAG SILVER CORP	$12.28	685,782	-21.93%	12.38	12.23	10.40	10.07	10.50	57.52	69.16	76.93	40.75	45.22	0.60	0.65	-0.05	0.74

Basic Material Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Agricultural Inputs	18	-1.50%	+0.97%	-4.19%	-21.46%	26.19x	1.36x	+9.85%	+3.88%	+6.54%	+16.03%	Buy
Aluminum	4	-5.14%	-1.15%	+1.35%	+31.46%	-4.05x	1.97x	-4.60%	-1.82%	+1.14%	-7.73%	Buy
Building Materials	15	-2.05%	-0.98%	-4.23%	+59.44%	33.35x	3.04x	+18.85%	+9.13%	+15.00%	+9.68%	Buy
Building Products & Equipment	33	-1.31%	+0.42%	-3.32%	+58.09%	28.35x	5.20x	-1.71%	+10.19%	+18.34%	+6.37%	Buy
Chemicals	16	-2.74%	-1.66%	-6.23%	+12.82%	22.79x	1.95x	+6.74%	+2.48%	+4.63%	+17.50%	Buy
Coking Coal	6	-4.03%	+1.91%	+1.27%	+87.29%	7.92x	2.12x	+29.77%	+20.47%	+27.42%	+12.84%	Buy
Copper	7	-3.89%	+5.51%	+7.65%	+35.10%	37.91x	6.03x	+20.44%	+8.61%	+18.53%	-8.10%	Buy
Gold	45	-3.85%	+0.25%	+1.84%	-10.01%	17.60x	1.72x	-0.70%	-0.42%	+2.29%	+19.28%	Buy
Lumber & Wood Production	6	-1.36%	-2.49%	-12.97%	+21.38%	-9.16x	1.69x	+13.36%	+8.75%	+13.17%	+16.45%	Buy
Other Industrial Metals & Mining	40	-3.44%	-0.83%	-3.63%	-25.54%	14.27x	2.12x	+9.96%	+6.89%	+13.80%	+59.00%	Buy
Other Precious Metals & Mining	17	-3.91%	+0.89%	+3.42%	-14.24%	18.06x	1.62x	+0.84%	+3.68%	+5.24%	+51.70%	Buy
Paper & Paper Products	6	+3.07%	+3.69%	+0.24%	+25.89%	5.75x	1.66x	+29.84%	+9.05%	+16.52%	-13.32%	Hold
Silver	3	-4.16%	-1.73%	+7.96%	-6.20%	4.48x	1.57x	-0.80%	+0.50%	+0.01%	+40.27%	Strong Buy
Specialty Chemicals	58	-1.32%	-1.85%	-6.91%	+8.49%	30.22x	3.35x	+18.60%	+6.28%	+11.84%	+15.49%	Buy
Steel	23	-3.16%	-4.94%	-12.08%	+14.18%	13.06x	0.93x	+14.59%	+8.91%	+14.38%	+20.34%	Buy
Thermal Coal	6	-3.54%	-0.50%	-1.51%	+24.96%	4.24x	1.22x	+34.35%	+19.58%	+27.04%	+20.35%	Strong Buy
Uranium	10	-4.78%	-1.80%	-3.80%	+60.74%	-2.66x	4.25x	-4.33%	+4.90%	+6.81%	+43.61%	Strong Buy

Basic Material Stocks FAQ

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

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

1. Oil Dri Of America (NYSE:ODC)

Oil Dri Of America (NYSE:ODC) is the top basic material stock with a Zen Score of 63, which is 32 points higher than the basic material sector average of 31. It passed 23 out of 38 due diligence checks and has strong fundamentals. Oil Dri Of America has seen its stock return 63.83% over the past year, overperforming other basic material stocks by 43 percentage points.

2. Albemarle (NYSE:ALB)

Albemarle (NYSE:ALB) is the second best basic material stock with a Zen 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. Albemarle has seen its stock lose -32.13% over the past year, underperforming other basic material stocks by -53 percentage points.

Albemarle has an average 1 year price target of $141.71, an upside of 17.78% from Albemarle's current stock price of $120.31.

Albemarle stock has a consensus Buy recommendation according to Wall Street analysts. Of the 17 analysts covering Albemarle, 29.41% have issued a Strong Buy rating, 17.65% have issued a Buy, 41.18% have issued a Hold, while 0% have issued a Sell rating, and 11.76% have issued a Strong Sell.

3. Vale Sa (NYSE:VALE)

Vale Sa (NYSE:VALE) is the third best basic material stock with a Zen Score of 60, which is 29 points higher than the basic material sector average of 31. It passed 22 out of 38 due diligence checks and has strong fundamentals. Vale Sa has seen its stock lose -14.3% over the past year, underperforming other basic material stocks by -35 percentage points.

Vale Sa has an average 1 year price target of $16.75, an upside of 37.63% from Vale Sa's current stock price of $12.17.

Vale Sa stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Vale Sa, 37.5% have issued a Strong Buy rating, 25% have issued a Buy, 37.5% 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 132 basic material stocks that have issued dividends in the past year, the 3 basic material stocks with the highest dividend yields are:

1. Futurefuel (NYSE:FF)

Futurefuel (NYSE:FF) has an annual dividend yield of 50.55%, which is 48 percentage points higher than the basic material sector average of 2.96%. Futurefuel's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Futurefuel's dividend has shown consistent growth over the last 10 years.

Futurefuel's dividend payout ratio of 28.2% indicates that its high dividend yield is sustainable for the long-term.

2. Cvr Partners (NYSE:UAN)

Cvr Partners (NYSE:UAN) has an annual dividend yield of 22.08%, which is 19 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 226.5% indicates that its high 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 14.74%, which is 12 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% six 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 136.5% 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 -2.04% in the last day, and down -0.94% over the last week. Nexgen Energy was the among the top losers in the basic materials sector, dropping -9.82% yesterday.

NexGen Energy shares are trading lower after the company announced an upsized offering in Australia.

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. Hudson Technologies (NASDAQ:HDSN)

Hudson Technologies (NASDAQ:HDSN) is the most undervalued basic material stock based on WallStreetZen's Valuation Score. Hudson Technologies has a valuation score of 100, which is 72 points higher than the basic material sector average of 28. It passed 7 out of 7 valuation due diligence checks.

Hudson Technologies's stock has gained 25.73% in the past year. It has overperformed other stocks in the basic material sector by 5 percentage points.

2. Methanex (NASDAQ:MEOH)

Methanex (NASDAQ:MEOH) is the second most undervalued basic material stock based on WallStreetZen's Valuation Score. Methanex has a valuation score of 86, which is 58 points higher than the basic material sector average of 28. It passed 6 out of 7 valuation due diligence checks.

Methanex's stock has gained 5.55% in the past year. It has underperformed other stocks in the basic material sector by -15 percentage points.

3. Algoma Steel Group (NASDAQ:ASTL)

Algoma Steel Group (NASDAQ:ASTL) is the third most undervalued basic material stock based on WallStreetZen's Valuation Score. Algoma Steel Group has a valuation score of 86, which is 58 points higher than the basic material sector average of 28. It passed 6 out of 7 valuation due diligence checks.

Algoma Steel Group's stock has gained 6.69% in the past year. It has underperformed other stocks in the basic material sector by -14 percentage points.

Are basic material stocks a good buy now?

53.4% of basic material stocks rated by analysts are a buy right now. On average, analysts expect basic material stocks to rise by 13.85% 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 24.23x.

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.