Sectors & IndustriesBasic Materials

Best Basic Material Stocks to Buy Now (2026)

Top basic material stocks in 2026 ranked by overall Due Diligence Score. See the best basic material stocks to buy now, according to analyst forecasts for the basic materials sector.

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best basic material stocks to buy right now are:

Nexa Resources Sa (NYSE:NEXA) is the #1 top basic material stock out of 314 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Nexa Resources Sa (NYSE:NEXA) is: Value: A, Growth: A, Momentum: A, Sentiment: B, Safety: C, Financials: C, and AI: A.

Nexa Resources Sa (NYSE:NEXA) has a Due Diligence Score of 20, which is -9 points lower than the basic material sector average of 29. Although this number is below the industry average, our proven quant model rates NEXA as a "A".It passed 8 out of 38 due diligence checks and has weak fundamentals. Nexa Resources Sa has seen its stock return 66.67% over the past year, overperforming other basic material stocks by 55 percentage points.

Nexa Resources Sa has an average 1 year price target of $11.50, an upside of 19.79% from Nexa Resources Sa's current stock price of $9.60.

Nexa Resources Sa stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Nexa Resources Sa, 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.

Perma Pipe International Holdings (NASDAQ:PPIH) is the #2 top basic material stock out of 314 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Perma Pipe International Holdings (NASDAQ:PPIH) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: C.

Perma Pipe International Holdings (NASDAQ:PPIH) has a Due Diligence Score of 46, which is 17 points higher than the basic material sector average of 29. It passed 15 out of 33 due diligence checks and has strong fundamentals. Perma Pipe International Holdings has seen its stock return 106.22% over the past year, overperforming other basic material stocks by 95 percentage points.

Barrick Mining (NYSE:B) is the #3 top basic material stock out of 314 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Barrick Mining (NYSE:B) is: Value: B, Growth: B, Momentum: B, Sentiment: B, Safety: C, Financials: A, and AI: B.

Barrick Mining (NYSE:B) has a Due Diligence Score of 41, which is 12 points higher than the basic material sector average of 29. It passed 14 out of 38 due diligence checks and has strong fundamentals. Barrick Mining has seen its stock return 99.52% over the past year, overperforming other basic material stocks by 88 percentage points.

Barrick Mining has an average 1 year price target of $51.88, an upside of 37.64% from Barrick Mining's current stock price of $37.69.

Barrick Mining stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Barrick Mining, 50% have issued a Strong Buy rating, 37.5% have issued a Buy, 12.5% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 125 basic material stocks that have issued dividends in the past year, the 3 basic material stocks with the highest dividend yields are:

Fmc (NYSE:FMC) has an annual dividend yield of 12.79%, which is 11 percentage points higher than the basic material sector average of 1.98%. Fmc's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Fmc's dividend has not shown consistent growth over the last 10 years.

Fmc's dividend payout ratio of -10.2% indicates that its high dividend yield might not be sustainable for the long-term.

Alliance Resource Partners (NASDAQ:ARLP) has an annual dividend yield of 8.94%, which is 7 percentage points higher than the basic material sector average of 1.98%. Alliance Resource Partners's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Alliance Resource Partners's dividend has shown consistent growth over the last 10 years.

Alliance Resource Partners's dividend payout ratio of 104.2% indicates that its high dividend yield might not be sustainable for the long-term.

Westlake Chemical Partners (NYSE:WLKP) has an annual dividend yield of 8.54%, which is 7 percentage points higher than the basic material sector average of 1.98%. Westlake Chemical Partners's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Westlake Chemical Partners's dividend has shown consistent growth over the last 10 years.

Westlake Chemical Partners's dividend payout ratio of 136.5% indicates that its high dividend yield might not be sustainable for the long-term.

Basic material stocks were up 2.53% in the last day, and down -3.6% over the last week. New Gold was the among the top gainers in the basic materials sector, gaining 33.92% yesterday.

Shares of precious metals-related companies are trading higher following President Trump's suspension of certain military strikes on Iran and mention of further U.S.-Iran discussions, which may help ease fears over inflation, tighter monetary policy and weaker demand.

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued basic material stocks right now are:

Nexa Resources Sa (NYSE:NEXA) is the most undervalued basic material stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Nexa Resources Sa has a valuation score of 29, which is 7 points higher than the basic material sector average of 22. It passed 2 out of 7 valuation due diligence checks.

Nexa Resources Sa's stock has gained 66.67% in the past year. It has overperformed other stocks in the basic material sector by 55 percentage points.

Fortuna Mining (NYSE:FSM) is the second most undervalued basic material stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Fortuna Mining has a valuation score of 71, which is 49 points higher than the basic material sector average of 22. It passed 5 out of 7 valuation due diligence checks.

Fortuna Mining's stock has gained 52.86% in the past year. It has overperformed other stocks in the basic material sector by 41 percentage points.

B2gold (NYSEMKT:BTG) is the third most undervalued basic material stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

B2gold has a valuation score of 43, which is 21 points higher than the basic material sector average of 22. It passed 3 out of 7 valuation due diligence checks.

B2gold's stock has gained 30.77% in the past year. It has overperformed other stocks in the basic material sector by 19 percentage points.

44.95% of basic material stocks rated by analysts are a buy right now. On average, analysts expect basic material stocks to rise by 20.52% over the next year.

8.27% of basic material stocks have a Zen Rating of A (Strong Buy), 16.91% of basic material stocks are rated B (Buy), 47.48% are rated C (Hold), 17.63% are rated D (Sell), and 9.71% are rated F (Strong Sell).