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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
ODC
OIL-DRI CORP OF AMERICA
$559.79M$429.92M$69.33M$43.58M$6.5213.40%10.04%258.24%36.22%2024-06-06
VALE
VALE SA
$57.24B$41.78B$12.49B$7.98B$1.83-4.69%2.70%-54.81%6.75%
HDSN
HUDSON TECHNOLOGIES INC
$415.51M$289.03M$83.95M$52.25M$1.15-11.13%11.66%-50.22%N/A2024-06-07
EMN
EASTMAN CHEMICAL CO
$11.47B$9.11B$1.80B$925.00M$7.80-11.38%-1.70%35.89%1.84%
ARLP
ALLIANCE RESOURCE PARTNERS LP
$2.98B$2.57B$942.47M$628.73M$4.816.06%5.09%9.57%11.91%
UFPI
UFP INDUSTRIES INC
$7.19B$7.22B$815.83M$514.31M$8.21-25.02%9.97%-25.70%27.78%
SILV
SILVERCREST METALS INC
$1.22B$245.13M$147.31M$116.72M$0.79463.39%N/A276.19%N/A2024-05-15
DNN
DENISON MINES CORP
$1.90B$1.37M$72.95M$66.94M$0.08-78.71%-34.44%453.33%N/A2024-05-08
CSL
CARLISLE COMPANIES INC
$18.97B$5.01B$1.35B$858.00M$17.43-5.73%1.87%8.26%22.07%
APOG
APOGEE ENTERPRISES INC
$1.41B$1.42B$189.23M$99.61M$4.55-1.65%0.20%-3.81%22.64%2024-06-21
RIO
RIO TINTO LTD
$112.17B$54.04B$20.19B$10.06B$6.20-2.72%5.93%-18.92%-4.80%
CBT
CABOT CORP
$5.22B$3.92B$667.00M$441.00M$7.74-9.12%3.26%25.85%43.77%2024-05-06
LYB
LYONDELLBASELL INDUSTRIES NV
$32.28B$40.79B$4.57B$2.11B$6.48-14.21%1.42%-30.17%-10.24%2024-05-24
ARCH
ARCH RESOURCES INC
$2.92B$2.96B$540.75M$321.88M$17.55-20.68%3.98%-75.57%0.24%2024-05-07
BIOX
BIOCERES CROP SOLUTIONS CORP
$762.73M$450.32M$74.96M$21.96M$0.3513.94%25.51%N/AN/A2024-05-13
USLM
UNITED STATES LIME & MINERALS INC
$1.94B$286.24M$124.43M$79.88M$14.0213.58%14.27%47.89%30.74%
STLD
STEEL DYNAMICS INC
$21.43B$18.80B$3.72B$2.45B$14.72-15.57%9.72%-30.10%22.30%2024-05-09
WLKP
WESTLAKE CHEMICAL PARTNERS LP
$778.54M$1.17B$192.36M$54.22M$1.53-24.09%-2.13%-14.04%-1.01%2024-05-08
AAON
AAON INC
$6.45B$1.16B$280.66M$179.83M$2.2119.83%21.02%48.32%29.79%
GGB
GERDAU SA
$8.01B$13.70B$2.73B$1.49B$0.71-9.16%3.53%-28.67%21.61%
GFI
GOLD FIELDS LTD
$14.70B$4.50B$1.23B$703.30M$0.794.99%11.79%-1.25%N/A2024-05-29
BCC
BOISE CASCADE CO
$5.38B$6.84B$805.96M$483.66M$12.20-18.47%6.48%-43.78%87.25%2024-05-06
FF
FUTUREFUEL CORP
$235.45M$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
ECVT
ECOVYST INC
$1.15B$690.78M$219.50M$73.85M$0.62-13.79%-10.78%29.17%6.15%2024-05-08
TGB
TASEKO MINES LTD
$700.60M$403.19M$206.13M$70.42M$0.2545.21%9.23%3,471.43%N/A2024-06-14
WDFC
WD 40 CO
$3.12B$561.69M$103.54M$68.49M$5.0310.31%6.38%14.58%0.94%
ICL
ICL GROUP LTD
$6.19B$7.54B$1.73B$647.00M$0.50-24.75%6.29%-70.24%-12.41%2024-05-09
GMS
GMS INC
$3.80B$5.39B$592.69M$295.29M$7.271.49%12.66%-7.74%43.61%2024-06-20
MOS
MOSAIC CO
$9.22B$12.77B$1.96B$775.30M$2.36-32.09%5.98%-71.29%10.23%2024-06-06
LII
LENNOX INTERNATIONAL INC
$16.34B$4.98B$906.20M$616.40M$17.344.74%5.34%20.42%12.30%2024-05-16
ERO
ERO COPPER CORP
$2.14B$427.48M$219.70M$92.80M$0.990.26%N/A-11.61%N/A2024-05-08
RPM
RPM INTERNATIONAL INC
$14.06B$7.34B$1.04B$559.15M$4.371.65%5.87%7.11%21.51%2024-05-27
FMC
FMC CORP
$7.72B$4.49B$623.70M$1.32B$10.55-22.67%0.92%80.96%23.18%2024-05-06
TT
TRANE TECHNOLOGIES PLC
$72.27B$18.23B$3.28B$2.15B$9.4411.81%9.15%21.18%10.38%2024-06-06
LPX
LOUISIANA-PACIFIC CORP
$5.37B$2.58B$385.00M$178.00M$2.47-33.03%-1.81%-82.28%-2.20%2024-05-10
NEU
NEWMARKET CORP
$5.25B$2.69B$627.25M$399.01M$41.58-4.02%3.77%29.45%14.88%
NTR
NUTRIEN LTD
$26.18B$29.06B$4.89B$1.26B$2.53-23.30%8.15%-82.21%-15.05%2024-05-08
REX
REX AMERICAN RESOURCES CORP
$999.99M$833.38M$106.53M$60.94M$3.49-2.53%11.36%122.29%16.35%2024-06-11
OLN
OLIN CORP
$6.40B$6.62B$1.14B$352.50M$2.87-24.38%-0.49%-63.16%6.45%
FRD
FRIEDMAN INDUSTRIES INC
$134.36M$508.21M$30.49M$18.70M$2.531.96%21.89%153.00%13.90%2024-06-27
MLM
MARTIN MARIETTA MATERIALS INC
$36.43B$6.67B$3.40B$2.09B$33.856.21%8.78%118.11%33.48%2024-05-16
CMC
COMMERCIAL METALS CO
$6.47B$8.41B$1.18B$680.26M$5.83-8.32%10.11%-33.52%40.10%2024-06-20
RS
RELIANCE INC
$16.64B$14.49B$1.91B$1.26B$21.66-12.23%4.30%-23.71%18.27%2024-05-15
APD
AIR PRODUCTS & CHEMICALS INC
$54.66B$12.15B$4.65B$2.47B$11.11-7.47%6.26%13.37%7.55%
EXP
EAGLE MATERIALS INC
$9.00B$2.25B$828.32M$500.90M$14.297.73%10.09%22.56%23.62%2024-05-21
MTX
MINERALS TECHNOLOGIES INC
$2.49B$2.16B$275.60M$93.80M$2.900.26%3.54%-18.08%-9.47%2024-05-15
OC
OWENS CORNING
$15.15B$9.65B$2.16B$1.11B$12.49-1.03%6.52%-10.85%22.60%
ORGN
ORIGIN MATERIALS INC
$166.35M$28.81M$26.82M$23.80M$0.17N/AN/A-70.18%N/A2024-05-06
BLDR
BUILDERS FIRSTSOURCE INC
$23.88B$17.10B$2.73B$1.54B$12.06-24.77%17.22%-28.98%46.45%2024-05-07
FUL
FULLER H B CO
$4.19B$3.51B$544.49M$154.01M$2.83-5.12%3.20%-7.21%1.10%2024-06-26
CF
CF INDUSTRIES HOLDINGS INC
$13.54B$6.09B$2.53B$1.16B$6.04-41.06%6.36%-59.73%34.35%
SQM
CHEMICAL & MINING CO OF CHILE INC
$13.62B$7.47B$2.94B$923.19M$3.23-30.28%26.94%-76.37%14.10%2024-05-22
AU
ANGLOGOLD ASHANTI (PTY) LTD
$9.68B$4.50B$470.00M$297.00M$0.7111.72%5.81%-52.03%N/A2024-05-12
ALTM
ARCADIUM LITHIUM PLC
$5.03B$882.50M$418.60M$330.10M$1.848.52%N/A15.72%N/A
ROCK
GIBRALTAR INDUSTRIES INC
$2.18B$1.38B$182.19M$114.38M$3.760.85%10.15%34.77%14.15%
ALB
ALBEMARLE CORP
$15.06B$8.40B$1.08B$325.76M$2.77-4.27%19.93%-91.17%-15.61%2024-05-07
PPIH
PERMA-PIPE INTERNATIONAL HOLDINGS INC
$70.95M$150.67M$13.25M$10.47M$1.315.68%3.16%74.67%N/A2024-06-21
PPG
PPG INDUSTRIES INC
$31.17B$18.18B$2.70B$1.41B$5.962.56%3.62%10.58%1.69%
IOSP
INNOSPEC INC
$3.03B$1.95B$211.40M$139.10M$5.60-0.76%5.70%4.28%9.98%2024-05-09
WMS
ADVANCED DRAINAGE SYSTEMS INC
$12.80B$2.84B$892.25M$500.99M$6.37-9.37%15.81%13.35%41.57%2024-05-16
ASH
ASHLAND INC
$4.80B$2.11B$339.00M$192.00M$3.85-12.19%-3.92%-9.41%26.90%
AEM
AGNICO EAGLE MINES LTD
$32.40B$6.95B$2.59B$471.61M$0.9117.25%26.50%-82.12%N/A
AWI
ARMSTRONG WORLD INDUSTRIES INC
$5.06B$1.31B$442.80M$236.40M$5.344.01%5.78%18.93%6.49%2024-06-13
GSM
FERROGLOBE PLC
$1.01B$1.65B$247.11M$87.31M$0.46-36.49%-5.95%-80.34%12.97%2024-05-09
FSI
FLEXIBLE SOLUTIONS INTERNATIONAL INC
$26.33M$38.32M$4.88M$2.78M$0.22-16.40%16.54%-61.40%0.93%2024-05-16
TREX
TREX CO INC
$9.99B$1.09B$326.39M$205.38M$1.89-1.01%9.86%14.55%10.45%2024-05-09
SHW
SHERWIN WILLIAMS CO
$78.93B$22.98B$4.63B$2.42B$9.491.70%5.46%14.89%19.04%
BHP
BHP GROUP LTD
$142.50B$55.34B$20.62B$7.39B$2.92-8.21%5.01%-73.53%7.29%
METC
RAMACO RESOURCES INC
$865.36M$693.52M$167.82M$82.31M$1.7722.60%24.96%-32.70%22.95%2024-06-26
GOLD
BARRICK GOLD CORP
$28.90B$11.50B$4.44B$1.45B$0.826.46%7.08%1,266.67%0.75%
TILE
INTERFACE INC
$1.01B$1.26B$141.39M$44.52M$0.77-2.81%1.35%133.33%-1.73%
TGLS
TECNOGLASS INC
$2.56B$833.27M$291.84M$182.88M$3.8516.29%17.57%17.74%77.26%2024-05-09
MEOH
METHANEX CORP
$3.25B$3.60B$663.30M$166.99M$2.48-13.73%-4.03%-41.09%-14.85%
SUZ
SUZANO SA
$15.44B$7.81B$5.89B$2.77B$2.13-13.34%18.70%-32.89%97.08%2024-05-09
MAS
MASCO CORP
$15.32B$7.91B$1.44B$918.00M$4.09-6.43%3.62%14.25%12.10%2024-05-10
AXTA
AXALTA COATING SYSTEMS LTD
$7.77B$5.19B$832.00M$247.90M$1.114.00%2.27%18.09%7.59%
CMT
CORE MOLDING TECHNOLOGIES INC
$167.71M$357.74M$39.67M$20.32M$2.37-5.20%5.83%64.58%N/A2024-05-07
LEU
CENTRUS ENERGY CORP
$706.19M$320.20M$92.90M$84.40M$5.558.99%10.66%59.94%N/A2024-05-07
NUE
NUCOR CORP
$41.87B$34.71B$7.02B$4.52B$18.05-16.38%6.73%-37.50%19.39%2024-05-09
AGI
ALAMOS GOLD INC
$5.97B$1.05B$492.20M$203.70M$0.5218.15%10.58%116.67%N/A2024-05-23
IAG
IAMGOLD CORP
$1.73B$987.10M$320.10M$88.70M$0.012.95%-2.34%N/AN/A2024-05-09
SVM
SILVERCORP METALS INC
$584.22M$206.65M$78.65M$31.01M$0.17-4.14%3.50%21.43%-6.66%2024-05-23
KWR
QUAKER CHEMICAL CORP
$3.34B$1.92B$307.83M$118.44M$6.58-2.37%17.28%N/A7.70%
SSD
SIMPSON MANUFACTURING CO INC
$7.69B$2.21B$562.07M$353.99M$8.314.62%15.46%6.81%24.84%
CLW
CLEARWATER PAPER CORP
$754.20M$2.05B$262.00M$101.10M$6.01-3.01%3.66%91.40%N/A2024-05-09
BTU
PEABODY ENERGY CORP
$2.83B$4.95B$1.45B$759.60M$5.52-0.71%-2.39%-39.54%4.88%
MAG
MAG SILVER CORP
$1.26B$0.00$54.59M$48.66M$0.47N/AN/A161.11%N/A2024-05-08
JHX
JAMES HARDIE INDUSTRIES PLC
$15.58B$3.85B$1.03B$536.00M$1.220.57%9.84%11.93%25.62%2024-05-20
HUDI
HUADI INTERNATIONAL GROUP CO LTD
$37.93M$84.33M$4.49M$3.26M$0.2310.43%6.91%53.33%-15.05%
VMC
VULCAN MATERIALS CO
$34.97B$7.68B$2.09B$915.20M$6.903.44%11.16%51.65%11.63%
JCI
JOHNSON CONTROLS INTERNATIONAL PLC
$42.02B$26.83B$2.42B$1.70B$2.482.83%2.51%23.38%-0.79%
JBI
JANUS INTERNATIONAL GROUP INC
$2.02B$1.07B$288.20M$135.70M$0.924.60%19.43%26.03%N/A2024-06-24
HWKN
HAWKINS INC
$1.60B$924.29M$133.66M$73.14M$3.51-0.61%10.93%24.03%N/A2024-05-15
DOOR
MASONITE INTERNATIONAL CORP
$2.91B$2.83B$334.11M$118.23M$5.37-2.11%5.46%-43.53%9.70%2024-05-06
RGLD
ROYAL GOLD INC
$8.03B$605.72M$477.94M$239.44M$3.640.42%7.10%0.00%N/A2024-05-08
NRP
NATURAL RESOURCE PARTNERS LP
$1.14B$370.01M$237.40M$200.79M$15.59-4.87%5.85%-16.72%12.19%2024-05-07
LAAC
LITHIUM AMERICAS (ARGENTINA) CORP
$822.68M$0.00$1.32B$1.29B$0.11N/AN/AN/AN/A2024-05-14
ZEUS
OLYMPIC STEEL INC
$640.68M$2.11B$104.11M$43.35M$3.75-13.34%3.41%-31.69%8.80%
MSB
MESABI TRUST
$218.58M$22.86M$18.98M$18.98M$1.45195.30%-13.53%257.28%-16.06%2024-06-11

Basic Material Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
18+1.34%+0.48%-4.32%-27.02%34.78x1.38x+8.26%+3.12%+5.51%+27.48%Buy
4+2.02%-0.33%+0.48%+43.17%1.82x2.04x+3.09%-0.05%+3.36%-10.48%Buy
15+1.24%+1.30%-1.12%+65.10%34.10x3.02x+18.61%+9.04%+14.89%+7.91%Buy
33+0.75%+0.46%-1.68%+60.25%28.70x5.32x-2.51%+10.07%+18.18%+5.95%Buy
16-0.20%+0.11%-6.35%+17.36%17.45x1.98x+5.99%+2.26%+4.39%+17.18%Buy
6+2.39%-2.99%+3.90%+92.98%8.12x2.09x+28.79%+19.74%+26.52%+12.71%Strong Buy
7+2.30%-1.25%+2.81%+37.54%37.85x6.02x+20.33%+8.54%+18.42%-7.21%Buy
45-0.02%-2.77%+0.33%-12.08%17.74x1.73x-0.65%-0.40%+2.36%+18.50%Buy
6+1.10%+2.17%-8.69%+24.49%-8.90x1.75x+13.45%+8.81%+13.27%+13.13%Buy
40+0.32%-3.00%-5.32%-26.14%18.89x2.17x+10.51%+7.04%+14.08%+61.85%Buy
17-0.12%-3.95%-1.90%-9.91%75.74x1.61x-5.15%+0.12%+2.06%+51.46%Buy
6+0.27%+6.01%+3.46%+38.37%5.95x1.72x+29.82%+9.04%+16.51%-15.56%Hold
3-0.45%-4.42%-5.15%-6.97%4.65x1.59x-0.77%+0.51%+0.04%+39.14%Strong Buy
58+0.55%+1.80%-4.64%+12.50%32.83x3.37x+18.51%+6.15%+11.63%+14.66%Buy
23+0.35%-0.34%-10.37%+18.26%11.96x0.97x+14.19%+8.74%+14.15%+16.37%Buy
6+1.84%+0.98%+1.04%+33.24%4.26x1.25x+34.20%+19.50%+26.90%+16.62%Strong Buy
10+0.07%+3.14%-4.82%+74.63%-5.59x4.53x-4.97%+4.14%+6.02%+35.76%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 33 points higher than the basic material sector average of 30. It passed 23 out of 38 due diligence checks and has strong fundamentals. Oil Dri Of America has seen its stock return 78.49% over the past year, overperforming other basic material stocks by 55 percentage points.

2. Vale Sa (NYSE:VALE)


Vale Sa (NYSE:VALE) is the second best basic material stock with a Zen Score of 60, which is 30 points higher than the basic material sector average of 30. It passed 22 out of 38 due diligence checks and has strong fundamentals. Vale Sa has seen its stock lose -8.56% over the past year, underperforming other basic material stocks by -32 percentage points.

Vale Sa has an average 1 year price target of $17.00, an upside of 34.81% from Vale Sa's current stock price of $12.61.

Vale Sa stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Vale Sa, 42.86% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Hudson Technologies (NASDAQ:HDSN)


Hudson Technologies (NASDAQ:HDSN) is the third best basic material stock with a Zen Score of 59, which is 29 points higher than the basic material sector average of 30. It passed 18 out of 33 due diligence checks and has strong fundamentals. Hudson Technologies has seen its stock return 20.13% over the past year, underperforming other basic material stocks by -3 percentage points.

Hudson Technologies has an average 1 year price target of $13.00, an upside of 42.39% from Hudson Technologies's current stock price of $9.13.

Hudson Technologies stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Hudson Technologies, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% 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 50.93%, which is 48 percentage points higher than the basic material sector average of 2.91%. 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 22.04%, which is 19 percentage points higher than the basic material sector average of 2.91%. 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 14.02%, which is 11 percentage points higher than the basic material sector average of 2.91%. 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 -860.2% 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 0.78% in the last day, and up 0.56% over the last week. Interface was the among the top gainers in the basic materials sector, gaining 9.65% yesterday.

Interface shares are trading higher after the company reported better-than-expected Q1 financial results, issued Q2 net sales guidance above estimates and raised FY24 net sales guidance above estimates.

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 74 points higher than the basic material sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Hudson Technologies's stock has gained 20.13% in the past year. It has underperformed other stocks in the basic material sector by -3 percentage points.

2. Algoma Steel Group (NASDAQ:ASTL)


Algoma Steel Group (NASDAQ:ASTL) is the second most undervalued basic material stock based on WallStreetZen's Valuation Score. Algoma Steel Group has a valuation score of 86, which is 60 points higher than the basic material sector average of 26. It passed 6 out of 7 valuation due diligence checks.

Algoma Steel Group's stock has gained 11.1% in the past year. It has underperformed other stocks in the basic material sector by -13 percentage points.

3. Alliance Resource Partners (NASDAQ:ARLP)


Alliance Resource Partners (NASDAQ:ARLP) is the third most undervalued basic material stock based on WallStreetZen's Valuation Score. Alliance Resource Partners has a valuation score of 71, which is 45 points higher than the basic material sector average of 26. It passed 5 out of 7 valuation due diligence checks.

Alliance Resource Partners's stock has gained 12.59% in the past year. It has underperformed other stocks in the basic material sector by -11 percentage points.

Are basic material stocks a good buy now?

53.14% of basic material stocks rated by analysts are a buy right now. On average, analysts expect basic material stocks to rise by 13.1% 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 26.17x.
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