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	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
IFF	INTERNATIONAL FLAVORS & FRAGRANCES INC	$21.60B	-15.30%	-7.60%	-7.87%	-11.40%	1.12	1.68	32.10%	-22.40%	-18.66%
NC	NACCO INDUSTRIES INC	$211.00M	-9.40%	-7.00%	-13.14%	-15.10%	0.41	3.32	6.80%	-18.40%	-28.72%
TROX	TRONOX HOLDINGS PLC	$2.74B	-15.20%	-5.10%	3.81%	2.60%	2.15	2.84	16.20%	-11.10%	7.19%
FNV	FRANCO NEVADA CORP	$23.62B	-7.20%	-7.00%	-6.07%	-6.80%	0.04	41.21	62.90%	-38.30%	-29.64%
CMP	COMPASS MINERALS INTERNATIONAL INC	$538.70M	-11.90%	-3.30%	0.34%	0.30%	2.93	3.07	19.60%	-5.00%	0.45%
CNEY	CN ENERGY GROUP INC	$1.88M	-6.70%	-5.10%	-4.95%	-6.70%	0.22	3.22	1.40%	-9.70%	-8.87%
SLVM	SYLVAMO CORP	$2.60B	29.90%	9.00%	18.51%	14.50%	2.19	1.72	24.50%	6.80%	10.83%
TMQ	TRILOGY METALS INC	$65.67M	-9.70%	-9.60%	-9.90%	-9.90%	0.00	4.64	N/A	N/A	N/A
PAAS	PAN AMERICAN SILVER CORP	$6.94B	-2.70%	-1.60%	0.10%	0.10%	0.51	2.23	12.80%	-5.70%	0.28%
VHI	VALHI INC	$424.33M	-1.30%	-0.50%	-0.28%	-0.30%	1.58	2.91	15.20%	-0.60%	-0.31%
NEM	NEWMONT CORP	$49.25B	-11.50%	-5.90%	-3.48%	-4.20%	0.91	1.25	43.30%	-21.10%	-14.60%
SLSR	SOLARIS RESOURCES INC	N/A	N/A	N/A	-72.63%	N/A	2.08	7.35	N/A	N/A	N/A
NITO	N2OFF INC	$3.26M	-120.60%	-108.10%	-100.88%	-353.70%	0.12	7.02	79.10%	-2,475.80%	-2,475.81%
WFG	WEST FRASER TIMBER CO LTD	$6.43B	-1.20%	-0.90%	-1.90%	-2.90%	0.30	2.33	15.70%	-1.40%	-2.46%
ITP	IT TECH PACKAGING INC	$2.19M	-5.80%	-5.10%	-4.97%	-4.70%	0.16	1.32	1.20%	-11.50%	-9.95%
IPI	INTREPID POTASH INC	$256.64M	-5.00%	-4.50%	-6.10%	-6.10%	0.12	3.27	13.20%	-12.80%	-15.79%
IONR	IONEER LTD	$253.90M	-1.70%	-1.60%	-3.40%	-4.50%	0.03	5.36	N/A	N/A	N/A
CCJ	CAMECO CORP	$21.39B	6.00%	3.90%	6.90%	6.80%	0.63	1.55	21.70%	13.90%	23.30%
SSRM	SSR MINING INC	$1.13B	-2.80%	-1.80%	-3.14%	-3.20%	0.32	7.01	43.60%	-6.90%	-11.49%
XPL	SOLITARIO RESOURCES CORP	$53.04M	-16.80%	-16.40%	-14.37%	-16.90%	0.03	15.73	N/A	N/A	N/A
SGML	SIGMA LITHIUM CORP	$1.57B	-56.20%	-28.10%	-27.00%	-25.90%	1.08	1.54	64.60%	-81.50%	-73.84%
ASM	AVINO SILVER & GOLD MINES LTD	$99.64M	0.50%	0.40%	-0.04%	0.00%	0.21	1.70	17.80%	1.20%	-0.11%
ARLO	ARLO TECHNOLOGIES INC	$1.13B	-24.40%	-7.90%	-16.81%	-38.20%	1.77	1.55	34.10%	-4.50%	-4.25%
URG	UR-ENERGY INC	$475.95M	-36.70%	-22.40%	-27.15%	-45.40%	0.72	6.35	-9.50%	-173.40%	-181.72%
WWR	WESTWATER RESOURCES INC	$25.04M	-5.60%	-5.10%	-5.46%	-6.40%	0.07	1.49	N/A	N/A	N/A
THM	INTERNATIONAL TOWER HILL MINES LTD	$129.60M	-5.80%	-5.80%	-5.95%	-6.10%	0.00	8.48	N/A	N/A	N/A
NAK	NORTHERN DYNASTY MINERALS LTD	$158.85M	-16.40%	-15.10%	-17.01%	-17.30%	0.17	1.04	N/A	N/A	N/A
GROY	GOLD ROYALTY CORP	$313.19M	-5.10%	-3.90%	-4.52%	-4.50%	0.33	1.44	69.10%	-877.80%	-1,018.70%
CGA	CHINA GREEN AGRICULTURE INC	$42.57M	-12.70%	-8.60%	-13.22%	-31.20%	0.52	2.35	18.00%	-14.50%	-14.38%
RDUS	RADIUS RECYCLING	$500.88M	-7.20%	-3.70%	-3.36%	-3.10%	1.06	1.96	9.40%	-2.30%	-1.72%
FSM	FORTUNA SILVER MINES INC	$1.46B	-3.40%	-2.20%	0.62%	0.50%	0.55	1.37	22.60%	-5.20%	1.27%
CGAU	CENTERRA GOLD INC	$1.37B	-4.80%	-3.70%	1.46%	1.90%	0.36	3.25	24.10%	-7.40%	2.65%
MTAL	METALS ACQUISITION LTD	$697.79M	-118.70%	-18.20%	-7.38%	-7.70%	3.87	0.31	11.20%	-90.90%	-47.14%
SWIM	LATHAM GROUP INC	$351.93M	-0.60%	-0.30%	2.79%	3.20%	1.09	2.77	27.00%	-0.40%	3.68%
USAP	UNIVERSAL STAINLESS & ALLOY PRODUCTS INC	$243.99M	2.20%	1.40%	4.42%	3.40%	0.58	4.27	14.50%	1.70%	4.80%
DNMR	DANIMER SCIENTIFIC INC	$91.96M	-49.00%	-21.10%	-18.39%	-13.30%	1.51	6.87	-57.70%	-333.00%	-268.86%
SMG	SCOTTS MIRACLE-GRO CO	$3.84B	N/A	-9.60%	-9.99%	-5.50%	-10.64	2.20	18.20%	-11.50%	-8.58%
ZKIN	ZK INTERNATIONAL GROUP CO LTD	$18.97M	-7.00%	-4.90%	-4.71%	-4.30%	0.40	1.68	6.20%	-5.60%	-3.75%
EMX	EMX ROYALTY CORP	$215.49M	-3.90%	-2.80%	1.40%	1.00%	0.32	0.94	57.80%	-17.40%	6.38%
CENX	CENTURY ALUMINUM CO	$1.67B	-12.10%	-2.60%	-2.05%	-1.40%	4.23	1.01	4.20%	-2.00%	-1.02%
EU	ENCORE ENERGY CORP	$736.50M	-8.80%	-7.20%	-5.92%	-5.50%	0.13	4.04	N/A	N/A	N/A
AREC	AMERICAN RESOURCES CORP	$122.73M	-138.80%	-13.30%	-13.73%	-11.60%	408.87	1.93	14.80%	-68.40%	-60.43%
WRN	WESTERN COPPER & GOLD CORP	$260.76M	-2.60%	-2.50%	-2.39%	-2.80%	0.03	7.48	N/A	N/A	N/A
CSTE	CAESARSTONE LTD	$213.76M	-29.10%	-16.80%	-19.07%	-15.50%	0.83	2.64	16.30%	-19.00%	-15.47%
GLDG	GOLDMINING INC	$152.10M	-20.60%	-19.30%	-17.35%	-20.20%	0.04	5.63	N/A	N/A	N/A
PLG	PLATINUM GROUP METALS LTD	$141.42M	-20.20%	-10.50%	-10.55%	-12.30%	0.06	15.44	N/A	N/A	N/A
OR	OSISKO GOLD ROYALTIES LTD	$2.97B	-2.80%	-2.30%	-0.83%	-0.80%	0.19	4.11	70.50%	-19.50%	-6.53%
NGD	NEW GOLD INC	$1.25B	-7.50%	-2.90%	-2.24%	-2.00%	1.90	1.54	13.00%	-8.20%	-5.85%
LWLG	LIGHTWAVE LOGIC INC	$461.25M	-60.80%	-55.30%	-53.67%	-277.30%	0.15	12.66	93.80%	-51,943.20%	-51,943.19%
USGO	US GOLDMINING INC	$77.99M	-171.20%	-141.20%	-74.75%	-40,732.80%	0.07	23.40	N/A	N/A	N/A
MATV	MATIV HOLDINGS INC	$970.89M	-31.60%	-9.50%	-9.34%	-7.10%	1.78	2.53	17.60%	-15.30%	-10.88%
SMID	SMITH MIDLAND CORP	$193.63M	1.70%	1.00%	1.97%	2.00%	0.71	2.31	17.40%	1.00%	1.53%
AG	FIRST MAJESTIC SILVER CORP	$2.02B	-10.00%	-6.80%	-9.14%	-8.60%	0.46	2.57	4.50%	-23.50%	-29.56%
HL	HECLA MINING CO	$3.19B	-4.30%	-2.90%	-1.39%	-1.20%	0.53	1.65	15.70%	-11.80%	-5.51%
NMG	NOUVEAU MONDE GRAPHITE INC	$128.51M	-88.40%	-41.20%	-49.22%	-40.40%	1.28	3.58	N/A	N/A	N/A
AVD	AMERICAN VANGUARD CORP	$397.36M	2.00%	1.00%	4.27%	4.60%	1.07	1.87	30.90%	1.30%	3.96%
TFPM	TRIPLE FLAG PRECIOUS METALS CORP	$3.29B	2.00%	1.90%	2.16%	2.10%	0.05	3.29	50.00%	17.80%	19.86%
EVA	ENVIVA INC	$40.00M	-111.10%	-12.70%	-7.10%	-4.40%	8.49	1.42	12.40%	-29.70%	-14.80%
SLI	STANDARD LITHIUM LTD	$204.27M	-33.80%	-31.40%	-35.81%	-49.60%	0.08	1.51	N/A	N/A	N/A
VGZ	VISTA GOLD CORP	$65.51M	-94.60%	-76.40%	-82.36%	-353.30%	0.80	6.94	N/A	N/A	N/A
VZLA	VIZSLA SILVER CORP	$292.22M	-7.70%	-7.50%	-7.78%	-8.00%	0.02	10.23	N/A	N/A	N/A
UROY	URANIUM ROYALTY CORP	$265.86M	3.20%	3.20%	2.26%	2.90%	0.00	244.30	28.90%	15.00%	12.25%
NFGC	NEW FOUND GOLD CORP	$700.77M	-135.70%	-106.10%	-121.80%	-543.60%	0.29	3.28	N/A	N/A	N/A
NEWP	NEW PACIFIC METALS CORP	$360.90M	-5.80%	-5.70%	-5.33%	-6.70%	0.01	23.22	N/A	N/A	N/A
ACNT	ASCENT INDUSTRIES CO	$105.20M	-23.80%	-12.30%	-21.17%	-12.10%	0.52	3.61	0.80%	-13.80%	-15.18%
AUMN	GOLDEN MINERALS CO	$8.22M	-213.10%	-65.90%	-100.13%	-159.20%	1.92	1.54	-3.00%	-76.90%	-77.06%
NWGL	NATURE WOOD GROUP LTD	$83.51M	N/A	-19.50%	-33.29%	-22.90%	-1.99	1.28	9.40%	-46.90%	-40.74%
LITM	SNOW LAKE RESOURCES LTD	$19.30M	-43.40%	-38.50%	-43.24%	-61.80%	0.25	2.32	N/A	N/A	N/A
ABAT	AMERICAN BATTERY TECHNOLOGY CO	$69.53M	-48.50%	-38.40%	-43.50%	-48.40%	0.34	0.52	N/A	N/A	N/A
LAC	LITHIUM AMERICAS CORP	$747.42M	-2.10%	-1.70%	-0.86%	-3.00%	0.08	8.38	N/A	N/A	N/A
ILAG	INTELLIGENT LIVING APPLICATION GROUP INC	$12.52M	-42.10%	-28.10%	-23.55%	-42.70%	0.16	6.39	19.70%	-62.80%	-62.20%
HLP	HONGLI GROUP INC	$20.91M	11.20%	6.90%	10.69%	11.60%	0.51	1.67	35.00%	9.90%	13.64%
AMLI	AMERICAN LITHIUM CORP	$116.77M	-23.50%	-23.10%	-24.61%	-25.20%	0.03	10.73	N/A	N/A	N/A
IAUX	I-80 GOLD CORP	$391.04M	-15.70%	-9.10%	-6.20%	-5.20%	0.70	0.65	-9.40%	-118.70%	-74.82%
ATLX	ATLAS LITHIUM CORP	$187.33M	-574.90%	-146.10%	-108.89%	-4,031.10%	3.87	5.24	N/A	N/A	N/A
PPTA	PERPETUA RESOURCES CORP	$370.63M	-24.80%	-20.80%	-24.93%	-27.40%	0.15	0.88	N/A	N/A	N/A
HGAS	GLOBAL GAS CORP	$10.89M	N/A	-3.80%	98.91%	-6.10%	-2.61	0.80	N/A	N/A	N/A
MTA	METALLA ROYALTY & STREAMING LTD	$288.99M	-3.60%	-3.30%	-1.23%	-2.00%	0.09	2.53	48.00%	-127.00%	-71.95%
MERC	MERCER INTERNATIONAL INC	$668.57M	-33.90%	-9.10%	-7.64%	-5.20%	3.19	3.82	-1.60%	-12.10%	-9.11%
CRKN	CROWN ELECTROKINETICS CORP	$2.64M	-451.90%	-229.00%	-340.24%	-301.60%	1.04	0.50	-479.10%	-19,385.60%	-12,788.89%
BAK	BRASKEM SA	$3.56B	-80.90%	-5.10%	-0.43%	-0.30%	22.16	1.53	4.30%	-6.50%	-0.41%
AA	ALCOA CORP	$6.62B	-14.20%	-4.60%	-3.19%	-2.90%	1.96	1.45	7.00%	-6.20%	-3.36%
GATO	GATOS SILVER INC	$708.41M	3.60%	3.30%	N/A	3.80%	0.09	N/A	N/A	N/A	N/A
YTEN	YIELD10 BIOSCIENCE INC	$3.42M	N/A	-273.30%	1,508.87%	-527.30%	-2.57	0.29	100.00%	-24,091.70%	-24,091.67%
LZM	LIFEZONE METALS LTD	$646.51M	-2,452.60%	-309.00%	-280.82%	-883.90%	0.31	4.30	49.00%	-24,622.30%	-24,607.94%
IPX	IPERIONX LTD	$318.05M	-84.20%	-73.70%	-60.69%	-176.20%	0.13	8.97	N/A	N/A	N/A
FMST	FOREMOST LITHIUM RESOURCE & TECHNOLOGY LTD	$12.90M	-22.50%	-18.30%	-18.59%	-20.50%	0.16	1.00	N/A	N/A	N/A
DC	DAKOTA GOLD CORP	$225.40M	-37.60%	-36.30%	-36.32%	-46.80%	0.05	5.85	N/A	N/A	N/A
NG	NOVAGOLD RESOURCES INC	$983.05M	N/A	-34.30%	-26.13%	-22.30%	-8.87	65.41	N/A	N/A	N/A
RYAM	RAYONIER ADVANCED MATERIALS INC	$254.40M	-12.80%	-4.50%	-3.34%	-2.40%	1.92	1.53	5.40%	-6.20%	-3.67%
GLT	GLATFELTER CORP	$67.27M	-28.70%	-5.00%	-0.57%	-0.40%	5.09	2.16	9.40%	-5.70%	-0.53%
NEXA	NEXA RESOURCES SA	$980.05M	-21.90%	-6.00%	-2.38%	-2.10%	2.82	0.99	11.50%	-11.20%	-3.48%
USAS	AMERICAS GOLD & SILVER CORP	$60.80M	-53.40%	-18.70%	-24.17%	-19.10%	2.03	0.38	16.20%	-39.00%	-32.19%
GORO	GOLD RESOURCE CORP	$44.73M	-15.50%	-8.40%	-12.61%	-13.50%	0.90	2.34	-5.40%	-16.40%	-22.26%
CDE	COEUR MINING INC	$1.91B	-10.30%	-5.20%	-2.20%	-1.80%	1.03	0.92	10.80%	-12.60%	-4.79%
IVP	INSPIRE VETERINARY PARTNERS INC	$3.76M	N/A	-72.50%	-86.24%	-53.30%	-28.64	0.18	21.30%	-90.30%	-73.49%
SKE	SKEENA RESOURCES LTD	$445.16M	-77.00%	-59.40%	-64.58%	-98.60%	0.57	3.86	N/A	N/A	N/A
NGVT	INGEVITY CORP	$1.76B	-0.80%	-0.20%	3.68%	2.80%	3.16	1.82	27.90%	-0.30%	4.92%
USAU	US GOLD CORP	$41.25M	-40.70%	-31.40%	-36.17%	-486.70%	0.29	10.50	N/A	N/A	N/A
CTGO	CONTANGO ORE INC	$205.02M	N/A	-150.90%	-122.33%	-105.80%	-5.03	1.29	N/A	N/A	N/A

Basic Material Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Agricultural Inputs	18	+1.03%	+1.39%	-1.95%	-18.96%	26.58x	1.37x	+10.03%	+3.94%	+6.62%	+16.61%	Buy
Aluminum	4	+4.96%	+4.18%	+12.40%	+47.10%	-4.12x	2.06x	-4.58%	-1.82%	+1.15%	-11.96%	Buy
Building Materials	15	+1.32%	+4.53%	-2.50%	+70.93%	27.31x	3.22x	+17.16%	+8.12%	+13.36%	+7.00%	Buy
Building Products & Equipment	33	+1.46%	+4.80%	-1.81%	+68.38%	28.48x	5.19x	-2.33%	+10.12%	+18.12%	+4.78%	Buy
Chemicals	16	+0.97%	+0.36%	-0.20%	+17.77%	22.62x	1.97x	+6.39%	+2.44%	+4.60%	+15.53%	Buy
Coking Coal	6	+0.44%	+3.26%	+8.17%	+91.37%	8.17x	2.20x	+29.80%	+20.52%	+27.49%	+8.18%	Buy
Copper	7	+4.65%	+3.22%	+14.20%	+39.38%	37.50x	6.10x	+20.56%	+8.77%	+19.03%	-15.70%	Buy
Gold	45	+1.03%	+1.89%	+14.14%	-6.15%	18.12x	1.76x	+0.31%	+0.06%	+2.66%	+12.46%	Buy
Lumber & Wood Production	6	-2.05%	-4.33%	-11.42%	+26.53%	-10.18x	1.71x	+13.22%	+8.65%	+13.01%	+15.57%	Buy
Other Industrial Metals & Mining	40	+1.14%	+2.34%	+0.91%	-23.00%	14.50x	2.16x	+9.20%	+6.78%	+13.63%	+54.15%	Buy
Other Precious Metals & Mining	17	+2.09%	+5.25%	+19.64%	-4.77%	17.38x	1.68x	+0.84%	+3.60%	+5.12%	+46.58%	Buy
Paper & Paper Products	6	+1.26%	+4.23%	-1.11%	+24.53%	5.86x	1.70x	+30.08%	+9.11%	+16.60%	-17.93%	Hold
Silver	3	-0.64%	+2.69%	+34.66%	-0.64%	4.71x	1.66x	-0.81%	+0.50%	+0.01%	+32.99%	Strong Buy
Specialty Chemicals	58	+0.48%	-1.11%	-5.73%	+12.17%	30.42x	3.35x	+20.21%	+6.93%	+12.41%	+13.85%	Buy
Steel	23	-0.13%	-4.81%	-8.15%	+19.05%	13.25x	0.95x	+14.67%	+8.96%	+14.41%	+15.31%	Hold
Thermal Coal	6	+0.49%	+1.48%	+2.35%	+29.12%	4.30x	1.24x	+34.18%	+19.42%	+27.02%	+19.51%	Strong Buy
Uranium	10	+1.41%	+1.67%	+8.82%	+71.18%	3.08x	4.52x	-3.36%	+4.89%	+6.81%	+39.83%	Strong Buy

Basic Material Stocks FAQ

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

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

1. Chemical & Mining Co Of Chile (NYSE:SQM)

Chemical & Mining Co Of Chile (NYSE:SQM) is the top basic material stock with a Zen Score of 69, which is 38 points higher than the basic material sector average of 31. It passed 26 out of 38 due diligence checks and has strong fundamentals. Chemical & Mining Co Of Chile has seen its stock lose -31.62% over the past year, underperforming other basic material stocks by -58 percentage points.

Chemical & Mining Co Of Chile has an average 1 year price target of $57.72, an upside of 30.76% from Chemical & Mining Co Of Chile's current stock price of $44.14.

Chemical & Mining Co Of Chile stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Chemical & Mining Co Of Chile, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Albemarle (NYSE:ALB)

Albemarle (NYSE:ALB) is the second best basic material stock with a Zen Score of 65, which is 34 points higher than the basic material sector average of 31. It passed 24 out of 38 due diligence checks and has strong fundamentals. Albemarle has seen its stock lose -35.5% over the past year, underperforming other basic material stocks by -62 percentage points.

Albemarle has an average 1 year price target of $141.71, an upside of 21.24% from Albemarle's current stock price of $116.88.

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. Oil Dri Of America (NYSE:ODC)

Oil Dri Of America (NYSE:ODC) is the third best 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 60.18% over the past year, overperforming other basic material stocks by 34 percentage points.

What are the basic material stocks with highest dividends?

Out of 135 basic material stocks that have issued dividends in the past year, the 3 basic material stocks with the highest dividend yields are:

1. Flexible Solutions International (NYSEMKT:FSI)

Flexible Solutions International (NYSEMKT:FSI) has an annual dividend yield of N/A, which is N/A percentage points lower than the basic material sector average of 2.89%. Flexible Solutions International's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Flexible Solutions International's dividend has not shown consistent growth over the last 10 years.

Flexible Solutions International's dividend payout ratio of 22.7% indicates that its dividend yield is sustainable for the long-term.

2. Nexa Resources Sa (NYSE:NEXA)

Nexa Resources Sa (NYSE:NEXA) has an annual dividend yield of N/A, which is N/A percentage points lower than the basic material sector average of 2.89%. Nexa Resources Sa's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Nexa Resources Sa's dividend has not shown consistent growth over the last 10 years.

Nexa Resources Sa's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

3. Futurefuel (NYSE:FF)

Futurefuel (NYSE:FF) has an annual dividend yield of 49.28%, which is 46 percentage points higher than the basic material sector average of 2.89%. 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.

Why are basic material stocks up?

Basic material stocks were up 0.89% in the last day, and up 1.25% over the last week. Carlisle Companies was the among the top gainers in the basic materials sector, gaining 4.85% yesterday.

Carlisle shares are trading higher after the company reported better-than-expected Q1 financial 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. 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 37.87% in the past year. It has overperformed other stocks in the basic material sector by 12 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 12.33% in the past year. It has underperformed other stocks in the basic material sector by -14 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 9.02% in the past year. It has underperformed other stocks in the basic material sector by -17 percentage points.

Are basic material stocks a good buy now?

52.45% of basic material stocks rated by analysts are a buy right now. On average, analysts expect basic material stocks to rise by 11.38% 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 23.92x.

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.