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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
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
SQM
CHEMICAL & MINING CO OF CHILE INC
$12.79B$10.71B$5.57B$3.91B$13.68274.19%37.78%549.69%53.12%2024-05-22
ALB
ALBEMARLE CORP
$13.41B$9.62B$2.55B$1.57B$13.4131.38%23.30%-41.62%15.94%2024-05-02
ODC
OIL-DRI CORP OF AMERICA
$514.39M$429.92M$69.33M$43.58M$6.5213.40%10.04%258.24%36.22%2024-06-06
VALE
VALE SA
$55.42B$41.78B$12.49B$7.98B$1.83-4.69%2.70%-54.81%6.75%2024-04-24
SID
NATIONAL STEEL CO
$3.74B$8.91B$1.97B$312.06M$0.24-2.51%8.43%-86.18%156.26%2024-05-08
UFPI
UFP INDUSTRIES INC
$7.03B$7.22B$815.83M$514.31M$8.21-25.02%9.97%-25.70%27.78%2024-04-30
EMN
EASTMAN CHEMICAL CO
$11.36B$9.21B$1.80B$894.00M$7.54-12.95%-1.93%17.45%-0.29%2024-04-26
SILV
SILVERCREST METALS INC
$1.15B$245.13M$147.31M$116.72M$0.79463.39%N/A276.19%N/A2024-05-15
HDSN
HUDSON TECHNOLOGIES INC
$488.79M$289.03M$83.95M$52.25M$1.15-11.13%11.66%-50.22%N/A2024-05-01
APOG
APOGEE ENTERPRISES INC
$1.36B$1.40B$195.32M$104.10M$4.78-1.78%-0.15%51.27%10.66%2024-06-21
UUUU
ENERGY FUELS INC
$857.11M$37.93M$102.89M$99.86M$0.63203.06%3.64%N/AN/A2024-05-03
RIO
RIO TINTO LTD
$108.43B$54.04B$20.19B$10.06B$6.20-2.72%5.93%-18.92%-4.80%
ARLP
ALLIANCE RESOURCE PARTNERS LP
$2.71B$2.57B$942.47M$628.73M$4.816.06%5.09%9.57%11.91%2024-04-29
CBT
CABOT CORP
$5.18B$3.92B$667.00M$441.00M$7.74-9.12%3.26%25.85%43.77%2024-05-07
STLD
STEEL DYNAMICS INC
$21.22B$18.80B$3.72B$2.45B$14.72-15.57%9.72%-30.10%22.30%2024-04-24
WLKP
WESTLAKE CHEMICAL PARTNERS LP
$770.79M$1.19B$191.80M$54.28M$1.54-25.26%-1.52%-15.38%0.39%2024-05-01
DNN
DENISON MINES CORP
$1.77B$1.37M$72.95M$66.94M$0.08-78.71%-34.44%453.33%N/A2024-05-08
GGB
GERDAU SA
$7.72B$13.70B$2.73B$1.49B$0.71-9.16%3.53%-28.67%21.61%2024-05-02
OC
OWENS CORNING
$14.58B$9.68B$2.28B$1.20B$13.27-0.86%6.52%3.27%21.85%2024-04-24
FF
FUTUREFUEL CORP
$245.07M$368.25M$47.87M$37.38M$0.85-7.01%4.82%142.86%-6.97%2024-05-09
NX
QUANEX BUILDING PRODUCTS CORP
$1.15B$1.11B$152.92M$86.84M$2.64-8.92%4.36%10.00%38.39%2024-05-30
NEU
NEWMARKET CORP
$5.63B$2.70B$604.33M$388.86M$40.44-2.40%3.34%45.62%14.73%2024-04-25
USLM
UNITED STATES LIME & MINERALS INC
$1.74B$281.33M$117.19M$74.55M$13.1019.13%14.26%63.55%30.06%2024-05-01
BCC
BOISE CASCADE CO
$5.50B$6.84B$805.96M$483.66M$12.20-18.47%6.48%-43.78%87.25%2024-05-02
GFI
GOLD FIELDS LTD
$15.09B$4.50B$1.23B$703.30M$0.794.99%11.79%-1.25%N/A2024-05-09
LYB
LYONDELLBASELL INDUSTRIES NV
$32.63B$41.11B$4.63B$2.11B$6.48-18.52%1.06%-45.27%-11.65%2024-04-26
WDFC
WD 40 CO
$3.07B$561.69M$103.54M$68.49M$5.0310.31%6.38%14.58%0.94%
ERO
ERO COPPER CORP
$1.98B$427.48M$219.70M$92.80M$0.990.26%N/A-11.61%N/A2024-05-08
CSL
CARLISLE COMPANIES INC
$18.11B$4.59B$1.26B$767.40M$15.35-15.83%0.47%-13.76%8.75%2024-04-25
SBSW
SIBANYE STILLWATER LTD
$3.43B$7.62B$1.66B$1.01B$1.44-24.83%16.97%-46.56%N/A2024-05-10
BVN
BUENAVENTURA MINING CO INC
$4.00B$824.80M$656.73M$602.55M$2.37-8.40%-7.80%N/A58.09%2024-04-29
BIOX
BIOCERES CROP SOLUTIONS CORP
$750.17M$450.32M$74.96M$21.96M$0.3513.94%25.51%N/AN/A2024-05-08
GOLD
BARRICK GOLD CORP
$29.30B$11.40B$4.35B$1.27B$0.723.49%9.49%200.00%N/A2024-05-01
ICL
ICL GROUP LTD
$6.20B$7.54B$1.73B$647.00M$0.50-24.75%6.29%-70.24%-12.41%2024-05-08
LII
LENNOX INTERNATIONAL INC
$16.96B$4.98B$875.20M$590.10M$16.615.58%5.11%19.32%13.44%2024-04-24
RPM
RPM INTERNATIONAL INC
$13.89B$7.34B$1.04B$559.15M$4.371.65%5.87%7.11%21.51%2024-05-27
ROCK
GIBRALTAR INDUSTRIES INC
$2.24B$1.38B$179.37M$110.53M$3.61-0.88%10.48%40.47%12.54%2024-05-01
LPX
LOUISIANA-PACIFIC CORP
$5.34B$2.58B$385.00M$178.00M$2.47-33.03%-1.81%-82.28%-2.20%2024-05-08
AAON
AAON INC
$7.22B$1.17B$274.79M$177.62M$2.1931.47%21.91%73.81%32.32%2024-05-02
ECVT
ECOVYST INC
$1.18B$691.12M$211.27M$71.15M$0.60-15.73%-10.87%9.09%6.40%2024-05-02
JCI
JOHNSON CONTROLS INTERNATIONAL PLC
$44.41B$26.82B$2.96B$2.11B$3.085.15%2.63%67.39%4.43%2024-05-01
OLN
OLIN CORP
$6.44B$6.83B$1.28B$460.20M$3.66-27.12%-0.33%-60.04%13.19%2024-04-26
ARCH
ARCH RESOURCES INC
$2.88B$3.15B$712.79M$464.04M$25.45-15.54%5.11%-67.23%9.86%2024-04-25
TGB
TASEKO MINES LTD
$684.40M$386.01M$176.25M$60.83M$0.2138.09%9.16%N/AN/A2024-05-01
GMS
GMS INC
$3.69B$5.39B$592.69M$295.29M$7.271.49%12.66%-7.74%43.61%2024-06-20
REX
REX AMERICAN RESOURCES CORP
$994.39M$833.38M$106.53M$60.94M$3.49-2.53%11.36%122.29%16.35%2024-05-23
FMC
FMC CORP
$7.32B$4.49B$623.70M$1.32B$10.55-22.67%0.92%80.96%23.18%2024-05-07
SUZ
SUZANO SA
$15.31B$8.05B$6.06B$2.85B$2.20-13.34%18.70%-32.89%97.08%2024-05-09
CMC
COMMERCIAL METALS CO
$6.30B$8.41B$1.18B$680.26M$5.83-8.32%10.11%-33.52%40.10%2024-06-20
RS
RELIANCE INC
$18.03B$14.81B$2.02B$1.34B$22.90-13.03%5.12%-24.65%20.94%2024-04-25
AEM
AGNICO EAGLE MINES LTD
$31.29B$6.63B$3.98B$1.94B$3.9715.43%24.77%159.48%N/A2024-04-25
METC
RAMACO RESOURCES INC
$779.88M$693.52M$167.82M$82.31M$1.7722.60%24.96%-32.70%22.95%2024-05-01
EXP
EAGLE MATERIALS INC
$8.73B$2.25B$828.32M$500.90M$14.297.73%10.09%22.56%23.62%2024-05-16
MOS
MOSAIC CO
$9.78B$13.70B$2.43B$1.16B$3.52-28.39%7.39%-65.39%23.61%2024-05-02
OEC
ORION SA
$1.39B$2.04B$352.37M$111.29M$1.88-2.60%3.01%5.02%-3.68%2024-05-02
BHP
BHP GROUP LTD
$148.68B$55.34B$20.62B$7.39B$2.92-8.21%5.01%-73.53%7.29%
AU
ANGLOGOLD ASHANTI (PTY) LTD
$9.26B$4.50B$470.00M$297.00M$0.7111.72%5.81%-52.03%N/A2024-05-12
ALTM
ARCADIUM LITHIUM PLC
$4.23B$882.50M$418.60M$330.10M$1.848.52%N/A15.72%N/A2024-04-30
FUL
FULLER H B CO
$4.15B$3.51B$544.49M$154.01M$2.83-5.12%3.20%-7.21%1.10%
CF
CF INDUSTRIES HOLDINGS INC
$14.79B$6.63B$2.95B$1.53B$7.89-40.72%8.41%-52.04%44.56%2024-05-01
NTR
NUTRIEN LTD
$25.85B$29.06B$4.89B$1.26B$2.53-23.30%8.15%-82.21%-15.05%2024-05-09
ORGN
ORIGIN MATERIALS INC
$106.08M$28.81M$26.82M$23.80M$0.17N/AN/A-70.18%N/A2024-05-06
GSM
FERROGLOBE PLC
$943.12M$1.65B$247.11M$87.31M$0.46-36.49%-5.95%-80.34%12.97%2024-05-09
APD
AIR PRODUCTS & CHEMICALS INC
$51.95B$12.42B$4.46B$2.34B$10.52-3.54%6.81%3.04%6.41%2024-04-30
HWKN
HAWKINS INC
$1.61B$924.29M$133.66M$73.14M$3.51-0.61%10.93%24.03%N/A2024-05-15
MTX
MINERALS TECHNOLOGIES INC
$2.34B$2.17B$262.00M$84.10M$2.592.09%3.72%-30.75%-11.57%2024-04-26
AWI
ARMSTRONG WORLD INDUSTRIES INC
$5.10B$1.30B$422.80M$223.80M$5.005.04%5.84%14.16%6.73%2024-04-30
MEOH
METHANEX CORP
$3.23B$3.72B$684.83M$174.14M$2.57-13.63%-3.64%-48.08%-18.32%2024-04-24
IOSP
INNOSPEC INC
$3.06B$1.95B$211.40M$139.10M$5.60-0.76%5.70%4.28%9.98%2024-05-10
TREX
TREX CO INC
$9.79B$1.09B$326.39M$205.38M$1.89-1.01%9.86%14.55%10.45%2024-05-09
CPAC
CEMENTOS PACASMAYO SAA
$448.23M$503.90M$127.64M$43.64M$0.50-5.59%7.19%-2.41%14.70%2024-04-24
BLDR
BUILDERS FIRSTSOURCE INC
$22.83B$17.10B$2.73B$1.54B$12.06-24.77%17.22%-28.98%46.45%2024-05-07
TT
TRANE TECHNOLOGIES PLC
$67.01B$17.68B$3.10B$2.02B$8.8510.54%7.45%17.22%10.34%2024-04-30
HUN
HUNTSMAN CORP
$4.14B$6.11B$576.00M$101.00M$0.57-23.83%-4.28%-75.11%-16.69%2024-05-03
MLM
MARTIN MARIETTA MATERIALS INC
$36.75B$6.78B$2.14B$1.17B$18.8810.01%9.81%35.73%20.41%2024-04-30
TGLS
TECNOGLASS INC
$2.63B$833.27M$291.84M$182.88M$3.8516.29%17.57%17.74%77.26%2024-05-02
ASH
ASHLAND INC
$4.82B$2.14B$391.00M$163.00M$3.13-11.06%-3.70%-80.97%22.60%2024-05-01
TILE
INTERFACE INC
$939.95M$1.26B$141.39M$44.52M$0.77-2.81%1.35%133.33%-1.73%2024-05-03
CMT
CORE MOLDING TECHNOLOGIES INC
$176.93M$357.74M$39.67M$20.32M$2.37-5.20%5.83%64.58%N/A2024-05-07
SHW
SHERWIN WILLIAMS CO
$76.94B$23.05B$4.60B$2.39B$9.354.08%5.62%19.41%18.67%
UAN
CVR PARTNERS LP
$811.75M$681.48M$281.10M$172.43M$16.31-18.44%14.18%-39.75%N/A2024-04-29
IAG
IAMGOLD CORP
$1.79B$987.10M$320.10M$88.70M$0.012.95%-2.34%N/AN/A2024-05-10
SVM
SILVERCORP METALS INC
$626.71M$206.65M$78.65M$31.01M$0.17-4.14%3.50%21.43%-6.66%2024-05-23
SSD
SIMPSON MANUFACTURING CO INC
$7.19B$2.21B$562.07M$353.99M$8.314.62%15.46%6.81%24.84%
PPG
PPG INDUSTRIES INC
$30.59B$18.18B$2.70B$1.41B$5.962.56%3.62%10.58%1.69%
FRD
FRIEDMAN INDUSTRIES INC
$135.69M$508.21M$30.49M$18.70M$2.531.96%21.89%153.00%13.90%
NUE
NUCOR CORP
$42.04B$34.71B$7.02B$4.52B$18.05-16.38%6.73%-37.50%19.39%
HUDI
HUADI INTERNATIONAL GROUP CO LTD
$36.65M$84.33M$4.49M$3.26M$0.2310.43%6.91%53.33%-15.05%
JBI
JANUS INTERNATIONAL GROUP INC
$2.22B$1.07B$288.20M$135.70M$0.924.60%19.43%26.03%N/A2024-05-09
MAS
MASCO CORP
$16.05B$7.97B$1.44B$908.00M$4.03-8.21%3.67%10.41%11.11%2024-04-24
MAG
MAG SILVER CORP
$1.25B$0.00$54.59M$48.66M$0.47N/AN/A161.11%N/A2024-05-08
VMC
VULCAN MATERIALS CO
$34.29B$7.78B$2.10B$933.20M$7.026.38%12.17%62.12%12.47%2024-05-02
SCCO
SOUTHERN COPPER CORP
$84.76B$9.90B$5.15B$2.43B$3.14-1.51%6.88%-7.92%9.44%2024-04-25
CTVA
CORTEVA INC
$38.72B$17.23B$2.33B$735.00M$1.04-1.31%3.81%-34.59%N/A2024-05-02
WMS
ADVANCED DRAINAGE SYSTEMS INC
$12.44B$2.84B$892.25M$500.99M$6.37-9.37%15.81%13.35%41.57%2024-05-16
MT
ARCELORMITTAL
$20.64B$68.28B$4.69B$919.00M$1.09-14.49%-2.13%-89.32%-26.47%2024-05-02
RGLD
ROYAL GOLD INC
$7.91B$605.72M$477.94M$239.44M$3.640.42%7.10%0.00%N/A2024-05-09
JHX
JAMES HARDIE INDUSTRIES PLC
$15.49B$3.85B$1.03B$536.00M$1.220.57%9.84%11.93%25.62%2024-05-20
CLW
CLEARWATER PAPER CORP
$663.15M$2.08B$272.70M$107.70M$6.390.13%3.85%135.79%N/A2024-04-30
KGC
KINROSS GOLD CORP
$8.05B$4.24B$1.80B$416.30M$0.3422.71%5.71%N/AN/A2024-05-08

Basic Material Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
18+0.34%+1.40%-3.52%-23.34%26.66x1.37x+9.95%+3.91%+6.60%+16.42%Buy
4-0.44%-0.28%+8.91%+34.96%-4.09x2.05x-4.19%-1.80%+1.24%-8.68%Buy
15+2.23%+0.70%-2.95%+64.35%27.09x3.20x+17.14%+8.12%+13.36%+7.84%Buy
33+2.60%+1.56%-3.43%+60.57%27.08x5.32x+29.86%+10.25%+18.60%+4.45%Buy
16+0.61%+1.44%-0.47%+12.74%41.01x1.95x+4.76%+1.89%+4.03%+14.58%Buy
6-3.12%-6.69%+1.90%+67.96%7.17x2.08x+32.06%+21.78%+29.27%+15.12%Buy
7-1.44%-3.36%+5.63%+25.25%35.36x5.75x+20.53%+8.76%+19.01%-10.95%Buy
45+1.27%+0.06%+9.31%-10.31%11.21x1.67x+1.49%+0.82%+3.45%+16.92%Buy
6-3.59%-3.62%-10.07%+24.45%-10.49x1.71x+13.14%+8.66%+13.03%+16.91%Buy
40+1.23%-1.32%-2.28%-26.64%14.18x2.14x+10.19%+6.99%+14.05%+59.15%Buy
17+3.33%+1.65%+12.78%-10.46%15.95x1.61x+0.12%+3.17%+4.66%+53.13%Buy
6+1.78%+5.39%-0.86%+21.28%5.73x1.65x+30.06%+9.10%+16.59%-16.79%Hold
3+3.07%+1.63%+27.78%-4.54%4.55x1.61x-0.82%+0.45%+0.00%+30.17%Buy
58+0.10%+0.26%-4.23%+10.01%30.21x3.36x+20.21%+6.96%+12.51%+13.56%Buy
23-2.52%-2.87%-5.96%+15.64%13.40x0.96x+14.61%+8.92%+14.41%+12.19%Hold
6-0.08%-2.51%-1.53%+24.87%4.24x1.23x+34.14%+19.41%+26.99%+21.25%Strong Buy
10+1.43%+0.07%+6.37%+68.67%4.26x4.44x-3.61%+4.89%+6.81%+40.82%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 -33.48% over the past year, underperforming other basic material stocks by -55 percentage points.

Chemical & Mining Co Of Chile has an average 1 year price target of $57.72, an upside of 28.86% from Chemical & Mining Co Of Chile's current stock price of $44.79.

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 -37.92% over the past year, underperforming other basic material stocks by -59 percentage points.

Albemarle has an average 1 year price target of $141.71, an upside of 24.07% from Albemarle's current stock price of $114.21.

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 57.08% over the past year, overperforming other basic material stocks by 36 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. 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 2.9%. 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.

2. Futurefuel (NYSE:FF)


Futurefuel (NYSE:FF) has an annual dividend yield of 48.93%, which is 46 percentage points higher than the basic material sector average of 2.9%. 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.

3. Cvr Partners (NYSE:UAN)


Cvr Partners (NYSE:UAN) has an annual dividend yield of 23.18%, which is 20 percentage points higher than the basic material sector average of 2.9%. 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 163.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are basic material stocks up?

Basic material stocks were up 0.56% in the last day, and down -0.11% over the last week. Coeur Mining was the among the top gainers in the basic materials sector, gaining 8.45% yesterday.

Shares of precious metals stocks are trading lower as gold and silver continue to retreat from recent strength.

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 86, which is 58 points higher than the basic material sector average of 28. It passed 6 out of 7 valuation due diligence checks.

Hudson Technologies's stock has gained 30.18% in the past year. It has overperformed other stocks in the basic material sector by 9 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 5.13% in the past year. It has underperformed other stocks in the basic material sector by -16 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 2.47% in the past year. It has underperformed other stocks in the basic material sector by -19 percentage points.

Are basic material stocks a good buy now?

52.71% of basic material stocks rated by analysts are a buy right now. On average, analysts expect basic material stocks to rise by 12.02% 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 23.35x.
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