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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
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
RGLD
ROYAL GOLD INC
$8.03B$605.72M$477.94M$239.44M$3.640.42%7.10%0.00%N/A2024-05-08
MT
ARCELORMITTAL
$21.48B$68.28B$4.69B$919.00M$1.09-14.49%-2.13%-89.32%-26.47%
CE
CELANESE CORP
$17.12B$10.94B$2.63B$1.96B$18.0113.10%8.86%3.03%14.91%2024-05-08
CLF
CLEVELAND-CLIFFS INC
$8.37B$21.90B$1.78B$389.00M$0.76-1.92%56.82%-17.39%-28.23%2024-05-16
EGO
ELDORADO GOLD CORP
$2.91B$1.04B$460.37M$118.92M$0.6114.58%20.56%N/AN/A2024-06-07
SXT
SENSIENT TECHNOLOGIES CORP
$3.13B$1.46B$212.84M$93.39M$2.221.35%0.98%-33.93%-9.76%
KGC
KINROSS GOLD CORP
$8.09B$4.24B$1.80B$416.30M$0.3422.71%5.71%N/AN/A2024-05-07
SCCO
SOUTHERN COPPER CORP
$89.23B$9.70B$5.03B$2.35B$3.04-3.73%6.72%-11.63%9.97%2024-05-24
NTIC
NORTHERN TECHNOLOGIES INTERNATIONAL CORP
$168.28M$82.70M$8.35M$4.60M$0.486.80%8.47%77.78%-9.71%
IDR
IDAHO STRATEGIC RESOURCES INC
$95.58M$13.66M$2.67M$1.16M$0.0942.55%30.34%N/AN/A2024-06-11
OEC
ORION SA
$1.38B$2.04B$331.18M$94.52M$1.62-7.38%3.11%-20.95%-5.44%2024-06-20
EXK
ENDEAVOUR SILVER CORP
$574.76M$205.46M$48.44M$6.12M$0.03-2.23%6.42%0.00%N/A2024-05-22
CMCL
CALEDONIA MINING CORP PLC
$187.47M$146.31MN/A-$4.20M-$0.242.98%16.43%N/AN/A2024-05-13
ASIX
ADVANSIX INC
$590.87M$1.53B$149.72M$54.62M$2.00-21.18%0.24%-67.48%-1.89%
APT
ALPHA PRO TECH LTD
$69.80M$61.23M$7.09M$4.19M$0.35-1.21%5.60%34.62%6.13%2024-05-07
IE
IVANHOE ELECTRIC INC
$1.29B$3.90M-$194.36M-$199.38M$1.95-53.76%N/A2.09%N/A2024-05-13
SUM
SUMMIT MATERIALS INC
$6.92B$2.99B$767.70M$249.79M$2.2523.16%7.12%-2.17%70.32%
GEVO
GEVO INC
$155.91M$17.13M-$46.43M-$67.47M-$0.29242.39%-11.20%N/AN/A2024-05-21
HNRG
HALLADOR ENERGY CO
$180.36M$634.48M$130.18M$44.79M$1.3575.28%16.67%136.84%40.11%2024-05-06
AMR
ALPHA METALLURGICAL RESOURCES INC
$4.32B$3.47B$989.25M$721.96M$51.18-15.36%11.31%-38.20%14.91%2024-05-06
WPM
WHEATON PRECIOUS METALS CORP
$23.87B$1.02B$760.49M$537.64M$1.19-4.60%5.06%-19.91%4.34%2024-05-10
WTTR
SELECT WATER SOLUTIONS INC
$1.09B$1.54B$156.62M$65.68M$0.651.73%0.26%18.18%13.84%2024-05-08
ASPN
ASPEN AEROGELS INC
$1.91B$287.63M-$8.69M-$30.85M-$0.4453.37%21.37%N/AN/A
CEIX
CONSOL ENERGY INC
$2.48B$2.57B$1.05B$655.89M$19.9122.21%10.89%48.47%29.44%2024-05-07
CTVA
CORTEVA INC
$39.84B$16.83B$2.12B$559.00M$0.79-5.10%3.92%-51.83%N/A
JCTCF
JEWETT CAMERON TRADING CO LTD
$19.25M$51.60M$3.13M$1.78M$0.51-8.90%1.42%628.57%-2.54%
SIM
GRUPO SIMEC SAB DE CV
$4.77B$3.01B$684.92M$436.57M$2.832.47%13.76%-12.35%34.90%
AVNT
AVIENT CORP
$4.03B$3.14B$390.80M$75.70M$0.83-7.48%1.75%-89.23%-16.21%2024-05-07
KRO
KRONOS WORLDWIDE INC
$1.38B$1.67B-$2.70M-$49.10M-$0.43-13.66%0.06%N/AN/A2024-05-15
BCPC
BALCHEM CORP
$4.88B$929.56M$222.40M$114.82M$3.58-1.74%7.77%15.48%8.15%
ECL
ECOLAB INC
$64.97B$15.50B$3.12B$1.55B$5.456.95%4.81%34.57%1.22%
AVTR
AVANTOR INC
$16.79B$6.87B$1.01B$260.00M$0.39-6.48%2.99%-57.61%N/A2024-05-09
WLK
WESTLAKE CORP
$19.57B$12.17B$1.64B$259.00M$2.01-19.39%7.41%-86.28%-19.67%2024-06-13
ASTL
ALGOMA STEEL GROUP INC
$809.14M$2.13B$169.78M$42.39M$0.40-3.43%N/A-85.06%N/A2024-06-22
JELD
JELD-WEN HOLDING INC
$1.72B$4.30B$338.23M$62.45M$0.73-5.27%-0.20%37.74%-11.70%2024-05-06
MTRN
MATERION CORP
$2.22B$1.61B$187.11M$83.52M$4.05-8.15%5.93%-14.56%24.57%2024-05-09
SNES
SENESTECH INC
$4.43M$1.19M-$7.57M-$7.71M-$11.5117.08%32.06%N/AN/A2024-06-25
ESI
ELEMENT SOLUTIONS INC
$5.77B$2.33B$360.20M$131.20M$0.54-4.49%3.89%-23.94%N/A2024-06-04
LOMA
LOMA NEGRA COMPANIA INDUSTRIAL ARGENTINA SOCIEDAD ANONIMA
$865.89M$483.41M$141.48M$11.80M$0.10-79.62%-17.41%-62.67%-41.52%
KALU
KAISER ALUMINUM CORP
$1.54B$3.02B$220.20M$55.90M$3.48-8.21%13.62%N/A-9.49%
BVN
BUENAVENTURA MINING CO INC
$4.29B$823.85M$182.10M$19.86M$0.08-0.12%-6.46%-96.63%N/A2024-05-14
SEED
ORIGIN AGRITECH LTD
$21.29M$13.00M$8.43M$7.71M$1.1875.75%46.73%N/AN/A
PRM
PERIMETER SOLUTIONS SA
$1.03B$322.11M$173.06M$67.49M$0.44-10.65%N/A-22.81%N/A2024-05-23
SXC
SUNCOKE ENERGY INC
$866.82M$2.06B$263.00M$61.20M$0.722.14%6.71%-30.10%11.92%2024-05-16
KNF
KNIFE RIVER CORP
$4.47B$2.83B$427.21M$182.87M$3.2311.66%N/A57.56%N/A
DD
DUPONT DE NEMOURS INC
$32.47B$11.98B$1.89B$355.00M$0.84-6.11%-11.77%-92.61%-27.76%2024-05-23
CPAC
CEMENTOS PACASMAYO SAA
$483.76M$521.88M$135.44M$46.88M$0.55-3.17%6.67%5.70%15.29%
AZEK
AZEK CO INC
$6.78B$1.39B$337.96M$119.51M$0.796.28%N/A276.19%N/A2024-05-08
MTUS
METALLUS INC
$926.07M$1.36B$146.20M$69.40M$1.582.44%-3.29%11.27%N/A2024-05-10
CSTM
CONSTELLIUM SE
$2.97B$7.54B$666.67M$126.88M$1.74-13.38%2.83%23.67%-2.41%
UUUU
ENERGY FUELS INC
$906.63M$43.74M-$7.73M-$10.77M-$0.0749.84%6.36%N/AN/A2024-06-11
X
UNITED STATES STEEL CORP
$8.20B$17.74B$1.64B$867.00M$3.87-12.60%4.08%-49.28%-9.88%
EQX
EQUINOX GOLD CORP
$1.71B$1.09B$291.09M$28.88M$0.0914.28%104.86%N/AN/A2024-05-09
UEC
URANIUM ENERGY CORP
$2.91B$59.39M-$2.46M-$4.87M-$0.01-48.44%N/AN/AN/A2024-06-06
PLL
PIEDMONT LITHIUM INC
$258.08M$39.82M-$18.12M-$21.78M-$1.14N/AN/AN/AN/A2024-06-11
SCL
STEPAN CO
$1.92B$2.33B$165.83M$40.20M$1.77-16.14%3.13%-72.60%-18.19%
FCX
FREEPORT-MCMORAN INC
$72.37B$22.86B$6.70B$1.85B$1.280.33%4.17%-46.67%-6.49%2024-06-11
BYU
BAIYU HOLDINGS INC
$23.54M$134.63M$11.99M-$719.79k-$0.48-14.16%207.70%N/AN/A
FBIN
FORTUNE BRANDS INNOVATIONS INC
$9.15B$4.70B$870.80M$416.30M$3.301.58%-3.32%-27.95%3.41%2024-05-07
VOXR
VOX ROYALTY CORP
$99.97M$12.31M$4.93M-$101.11k$0.0044.69%N/A-100.00%N/A2024-05-08
ORLA
ORLA MINING LTD
$1.23B$233.64M$48.59M-$27.01M-$0.0920.91%N/AN/AN/A2024-06-20
MP
MP MATERIALS CORP
$2.55B$206.43M$84.14M$3.35M$0.02-54.82%N/A-98.54%N/A2024-06-11
UAN
CVR PARTNERS LP
$853.50M$582.88M$196.31M$83.14M$7.86-30.52%9.93%-71.83%N/A
PKX
POSCO HOLDINGS INC
$22.67B$55.73B$7.62B$1.23B$4.05-11.73%0.32%-47.66%-1.91%
CRH
CRH PUBLIC LTD CO
$55.53B$34.95B$6.41B$3.18B$4.366.80%4.95%-15.34%4.70%2024-05-10
LVRO
LAVORO LTD
$681.61M$1.88B$74.05M-$111.65M-$0.989.04%N/AN/AN/A
LIN
LINDE PLC
$203.61B$32.76B$12.20B$6.31B$13.00-1.75%11.75%43.33%0.63%2024-05-10
TRX
TRX GOLD CORP
$124.26M$35.89MN/A$3.82M$0.0113.67%N/A0.00%N/A
FURY
FURY GOLD MINES LTD
$58.30M$0.00$13.17M$12.66M$0.09N/AN/AN/AN/A2024-06-28
NXE
NEXGEN ENERGY LTD
$4.36B$0.00$56.48M$51.59M$0.12N/AN/AN/AN/A2024-06-17
PZG
PARAMOUNT GOLD NEVADA CORP
$25.87M$0.00-$6.29M-$6.83M$0.13N/A-100.00%-7.14%-10.78%2024-05-12
MTEN
MINGTENG INTERNATIONAL CORP INC
N/A$7.75M$2.44M$1.71M$0.34-4.22%N/A-17.07%N/A
AEHL
ANTELOPE ENTERPRISE HOLDINGS LTD
$3.92M$63.36M$1.38M$1.42M$0.14205.21%-12.97%N/AN/A
BHIL
BENSON HILL INC
$46.44M$473.34M-$58.83M-$115.31M-$0.6124.16%N/AN/AN/A2024-05-09
ALTO
ALTO INGREDIENTS INC
$143.82M$1.22B$2.60M-$29.27M-$0.40-8.44%-4.20%N/AN/A2024-06-20
GURE
GULF RESOURCES INC
$16.07M$41.76M$21.77M-$5.71M-$0.51-38.92%47.62%N/AN/A
CARR
CARRIER GLOBAL CORP
$55.94B$23.01B$2.86B$1.25B$1.479.35%N/A-51.32%N/A
TECK
TECK RESOURCES LTD
$25.58B$11.02B$3.98B$1.17B$2.25-6.35%3.42%-42.71%-10.20%
CCJ
CAMECO CORP
$20.98B$1.93B$614.46M$269.29M$0.6242.70%4.66%287.58%14.94%2024-05-09
ODV
OSISKO DEVELOPMENT CORP
$157.27M$23.25M-$131.98M-$133.73M-$1.63-49.14%N/AN/AN/A2024-05-07
UAMY
UNITED STATES ANTIMONY CORP
$24.01M$8.69M-$5.39M-$6.36M-$0.06-21.29%-0.77%N/AN/A2024-05-13
SSL
SASOL LTD
$4.52B$15.39B$1.23B$467.53M$0.74-7.43%3.43%-80.43%-6.15%
CX
CEMEX SAB DE CV
$11.59B$17.39B$3.20B$182.00M$0.0411.63%5.14%-78.68%-18.10%
SID
NATIONAL STEEL CO
$3.75B$8.74B$1.83B-$61.19M-$0.0511.26%9.53%N/AN/A2024-05-09
LOOP
LOOP INDUSTRIES INC
$135.70M$119.49k-$9.84M-$10.57M-$0.23-25.32%N/AN/AN/A2024-05-16
AUST
AUSTIN GOLD CORP
$13.13M$0.00-$2.94M-$2.94M-$0.22N/AN/AN/AN/A
CENX
CENTURY ALUMINUM CO
$1.56B$2.12B$343.10M$228.70M$2.47-17.61%1.93%N/AN/A2024-06-03
HUN
HUNTSMAN CORP
$4.24B$5.98B$358.00M-$89.00M-$0.50-19.66%-5.34%N/AN/A
USAP
UNIVERSAL STAINLESS & ALLOY PRODUCTS INC
$266.32M$297.72M$38.88M$9.56M$1.0435.07%3.35%N/A-1.99%2024-05-08
WFG
WEST FRASER TIMBER CO LTD
$6.40B$6.45B$382.00M-$90.00M-$1.09-21.47%N/AN/AN/A
SAND
SANDSTORM GOLD LTD
$1.62B$178.47M$143.77M$21.85M$0.0813.42%19.96%-76.47%21.67%
DOW
DOW INC
$40.11B$43.54B$4.60B$1.20B$1.69-18.61%-2.07%-58.27%-19.73%2024-05-16
NEM
NEWMONT CORP
$46.89B$13.16B$470.00M-$2.68B-$3.2713.70%12.69%N/AN/A
MUX
MCEWEN MINING INC
$581.42M$166.23M$82.60M$55.30M$1.1650.55%5.34%N/AN/A2024-06-28
ASPI
ASP ISOTOPES INC
$181.99M$433.03k-$16.14M-$16.29M-$0.49N/AN/AN/AN/A
ARMN
ARIS MINING CORP
$566.79M$447.67M$124.49M$11.42M$0.0811.93%N/AN/AN/A2024-05-16
ASM
AVINO SILVER & GOLD MINES LTD
$92.68M$32.27M$2.11M$398.53k$0.002.31%5.48%-100.00%-100.00%2024-06-19
TROX
TRONOX HOLDINGS PLC
$2.97B$2.92B$460.00M-$348.00M-$2.23-8.79%10.54%N/AN/A2024-05-08
LGO
LARGO INC
$106.97M$198.68M$3.82M-$32.36M-$0.51-13.33%N/AN/AN/A2024-06-25

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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