S&P 500   3,775.68 (-0.20%)
DOW   30,187.47 (-0.29%)
QQQ   280.67 (-0.46%)
AAPL   146.00 (-0.27%)
MSFT   247.65 (-0.62%)
META   137.54 (-1.04%)
GOOGL   101.61 (+0.18%)
AMZN   119.93 (-0.84%)
TSLA   236.64 (-1.73%)
NVDA   132.54 (+0.34%)
NIO   15.10 (-5.86%)
BABA   83.81 (-0.69%)
AMD   68.11 (+0.25%)
T   15.56 (-2.32%)
MU   53.74 (-1.81%)
CGC   2.98 (-2.93%)
F   12.22 (-2.32%)
GE   66.56 (-1.30%)
DIS   100.43 (-0.37%)
AMC   7.32 (-0.14%)
PYPL   94.39 (+0.60%)
PFE   43.46 (-1.50%)
NFLX   235.37 (-0.57%)
S&P 500   3,775.68 (-0.20%)
DOW   30,187.47 (-0.29%)
QQQ   280.67 (-0.46%)
AAPL   146.00 (-0.27%)
MSFT   247.65 (-0.62%)
META   137.54 (-1.04%)
GOOGL   101.61 (+0.18%)
AMZN   119.93 (-0.84%)
TSLA   236.64 (-1.73%)
NVDA   132.54 (+0.34%)
NIO   15.10 (-5.86%)
BABA   83.81 (-0.69%)
AMD   68.11 (+0.25%)
T   15.56 (-2.32%)
MU   53.74 (-1.81%)
CGC   2.98 (-2.93%)
F   12.22 (-2.32%)
GE   66.56 (-1.30%)
DIS   100.43 (-0.37%)
AMC   7.32 (-0.14%)
PYPL   94.39 (+0.60%)
PFE   43.46 (-1.50%)
NFLX   235.37 (-0.57%)
S&P 500   3,775.68 (-0.20%)
DOW   30,187.47 (-0.29%)
QQQ   280.67 (-0.46%)
AAPL   146.00 (-0.27%)
MSFT   247.65 (-0.62%)
META   137.54 (-1.04%)
GOOGL   101.61 (+0.18%)
AMZN   119.93 (-0.84%)
TSLA   236.64 (-1.73%)
NVDA   132.54 (+0.34%)
NIO   15.10 (-5.86%)
BABA   83.81 (-0.69%)
AMD   68.11 (+0.25%)
T   15.56 (-2.32%)
MU   53.74 (-1.81%)
CGC   2.98 (-2.93%)
F   12.22 (-2.32%)
GE   66.56 (-1.30%)
DIS   100.43 (-0.37%)
AMC   7.32 (-0.14%)
PYPL   94.39 (+0.60%)
PFE   43.46 (-1.50%)
NFLX   235.37 (-0.57%)
S&P 500   3,775.68 (-0.20%)
DOW   30,187.47 (-0.29%)
QQQ   280.67 (-0.46%)
AAPL   146.00 (-0.27%)
MSFT   247.65 (-0.62%)
META   137.54 (-1.04%)
GOOGL   101.61 (+0.18%)
AMZN   119.93 (-0.84%)
TSLA   236.64 (-1.73%)
NVDA   132.54 (+0.34%)
NIO   15.10 (-5.86%)
BABA   83.81 (-0.69%)
AMD   68.11 (+0.25%)
T   15.56 (-2.32%)
MU   53.74 (-1.81%)
CGC   2.98 (-2.93%)
F   12.22 (-2.32%)
GE   66.56 (-1.30%)
DIS   100.43 (-0.37%)
AMC   7.32 (-0.14%)
PYPL   94.39 (+0.60%)
PFE   43.46 (-1.50%)
NFLX   235.37 (-0.57%)

Basic Materials Stocks List

This page shows information about the 50 largest basic materials stocks including BHP Group, Rio Tinto Group, DowDuPont, and Vale. Learn more about basic materials stocks.

BHP Group logo

#1 - BHP Group

NYSE:BHP
Stock Price: $51.55 (-$1.04)
Market Cap: $76.04 billion
Dividend Yield: 13.09%
Consensus Rating: Hold (2 Buy Ratings, 4 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $1,925.02 (3,634.3% Upside)
BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal. The company is also involved in mining, smelting, and refining of nickel; and potash development activities. In addition, it provides towing, freight, marketing and trading, marketing support, finance, administrative, and other services. The company was founded in 1851 and is headquartered in Melbourne, Australia.
Rio Tinto Group logo

#2 - Rio Tinto Group

NYSE:RIO
Stock Price: $57.26 (-$1.48)
Market Cap: $71.91 billion
Dividend Yield: 9.00%
Consensus Rating: Hold (5 Buy Ratings, 5 Hold Ratings, 3 Sell Ratings)
Consensus Price Target: $4,364.29 (7,521.9% Upside)
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and lithium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations, and research and service facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.
DowDuPont logo

#3 - DowDuPont

NYSE:DWDP
Stock Price: $30.52
Market Cap: $68.56 billion
P/E Ratio: 7.4
Dividend Yield: 1.83%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
DowDuPont Inc., through its subsidiaries, engages in agriculture, materials science, and specialty products businesses in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company's Agriculture segment produces, and sells hybrid corn seed and soybean seed varieties; sunflowers, wheat, alfalfa, canola, cotton, rice, and sorghum; silage inoculants; and crop protection products that include weed control, disease control, and insect control. Its Performance Materials & Coatings segment manufactures and sells architectural paints and coatings, and industrial coatings; performance monomers and silicones; standalone silicones; and home and personal care solutions. The company's Industrial Intermediates & Infrastructure segment offers ethylene oxides, propylene oxide derivatives, cellulose ethers, redispersible latex powders, and acrylic emulsions; sustainable solutions; and chlorine and caustic soda. Its Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatic products; and polyolefin elastomers and ethylene propylene diene monomer rubbers. The company's Electronics & Imaging segment offers materials and systems for mobile devices, television monitors, personal computers, and electronics. Its Nutrition & Biosciences segment provides specialty ingredients, as well as cellulosic- and alginates-based pharma excipients; and enzymes, biomaterials, biocides, and antimicrobial solutions and process technologies. The company's Transportation & Advanced Polymers segment offers engineering resins, adhesives, lubricants, and parts for transportation, electronics, healthcare, industrial, and consumer end-markets. Its Safety & Construction segment provides engineered products and integrated systems for construction, worker safety, energy, oil and gas, transportation, medical device, and water purification and separation industries. The company was founded in 1897 and is headquartered in Midland, Michigan.
Vale logo

#4 - Vale

NYSE:VALE
Stock Price: $14.58 (-$0.22)
Market Cap: $66.94 billion
P/E Ratio: 3.6
Dividend Yield: 5.34%
Consensus Rating: Hold (4 Buy Ratings, 9 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $17.14 (17.5% Upside)
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Ferrous Minerals and Base Metals segments. The Ferrous Minerals segment produces and extracts iron ore and pellets, manganese, ferroalloys, and other ferrous products; and provides related logistic services. The Base Metals segment produces and extracts nickel and its by-products, such as gold, silver, cobalt, precious metals, and others, as well as copper. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.
Air Products and Chemicals logo

#5 - Air Products and Chemicals

NYSE:APD
Stock Price: $240.03 (-$2.77)
Market Cap: $53.24 billion
P/E Ratio: 23.4
Dividend Yield: 2.61%
Consensus Rating: Buy (8 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $291.25 (21.3% Upside)
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and services worldwide. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas; specialty gases; and equipment for the production or processing of gases comprising air separation units and non-cryogenic generators for customers in various industries, including refining, chemical, gasification, metals, manufacturing, food and beverage, electronics, magnetic resonance imaging, energy production and refining, and metals. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. Air Products and Chemicals, Inc. has a strategic collaboration with Baker Hughes Company to develop hydrogen compression systems. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.
Nutrien logo

#6 - Nutrien

NYSE:NTR
Stock Price: $84.71 (+$0.58)
Market Cap: $45.16 billion
P/E Ratio: 6.9
Dividend Yield: 2.27%
Consensus Rating: Buy (10 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $108.75 (28.4% Upside)
Nutrien Ltd. provides crop inputs and services. It offers potash, nitrogen, phosphate, and sulfate products; and financial solutions. The company also distributes crop nutrients, crop protection products, seeds, and merchandise products through approximately 2,000 retail locations in the United States, Canada, South America, and Australia. In addition, it provides services directly to growers through a network of farm centers in North America, South America, and Australia. The company was founded in 2017 and is headquartered in Saskatoon, Canada.
Ecolab logo

#7 - Ecolab

NYSE:ECL
Stock Price: $149.70 (-$1.62)
Market Cap: $42.66 billion
P/E Ratio: 39.0
Dividend Yield: 1.33%
Consensus Rating: Buy (10 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $191.35 (27.8% Upside)
Ecolab Inc. provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through Global Industrial, Global Institutional & Specialty, and Global Healthcare & Life Sciences segments. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries. The Global Institutional & Specialty segment provides specialized cleaning and sanitizing products to the foodservice, hospitality, lodging, government and education, and retail industries. Its Global Healthcare & Life Sciences segment offers specialized cleaning and sanitizing products to the healthcare, personal care, and pharmaceutical industries, such as infection prevention and surgical solutions, and end-to-end cleaning and contamination control solutions under the Ecolab, Microtek, and Anios brand names. The company's Other segment offers pest elimination services to detect, eliminate, and prevent pests, such as rodents and insects in restaurants, food and beverage processors, educational and healthcare facilities, hotels, quick service restaurant and grocery operations, and other institutional and commercial customers. This segment also provides colloidal silica for binding and polishing applications in semiconductor, catalyst, and aerospace component manufacturing, as well as chemical industries; and products and services that manage wash process through custom designed programs, premium products, dispensing equipment, water and energy management, and reduction, as well as real time data management. It sells its products through field sales and corporate account personnel, distributors, and dealers. The company was founded in 1923 and is headquartered in Saint Paul, Minnesota.
Freeport-McMoRan logo

#8 - Freeport-McMoRan

NYSE:FCX
Stock Price: $29.46 (-$1.05)
Market Cap: $42.11 billion
P/E Ratio: 9.0
Dividend Yield: 0.97%
Consensus Rating: Hold (6 Buy Ratings, 9 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $41.00 (39.2% Upside)
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.
Southern Copper logo

#9 - Southern Copper

NYSE:SCCO
Stock Price: $48.03 (-$0.60)
Market Cap: $37.13 billion
P/E Ratio: 12.7
Dividend Yield: 6.14%
Consensus Rating: Hold (0 Buy Ratings, 4 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $52.83 (10.0% Upside)
Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc and lead. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant in Mexico. The company also operates Buenavista, an open-pit copper mine, as well as two copper concentrators and two operating SX-EW plants in Mexico. In addition, it operates five underground mines that produce zinc, lead, copper, silver, and gold; a coal mine that produces coal and coke; and a zinc refinery. The company has interests in 82,134 hectares of exploration concessions in Peru; 493,533 hectares of exploration concessions in Mexico; 246,346 hectares of exploration concessions in Argentina; 29,888 hectares of exploration concessions in Chile; and 7,299 hectares of exploration concessions in Ecuador. Southern Copper Corporation was incorporated in 1952 and is based in Phoenix, Arizona. Southern Copper Corporation operates as a subsidiary of Americas Mining Corporation.
Newmont logo

#10 - Newmont

NYSE:NEM
Stock Price: $43.84 (-$0.06)
Market Cap: $34.79 billion
P/E Ratio: 44.3
Dividend Yield: 4.94%
Consensus Rating: Hold (7 Buy Ratings, 9 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $67.24 (53.4% Upside)
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.
Albemarle logo

#11 - Albemarle

NYSE:ALB
Stock Price: $280.33 (+$3.53)
Market Cap: $32.84 billion
P/E Ratio: 126.3
Dividend Yield: 0.56%
Consensus Rating: Hold (9 Buy Ratings, 4 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $295.79 (5.5% Upside)
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, and disinfectants and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
DOW logo

#12 - DOW

NYSE:DOW
Stock Price: $45.56 (-$0.50)
Market Cap: $32.72 billion
P/E Ratio: 5.1
Dividend Yield: 6.01%
Consensus Rating: Hold (3 Buy Ratings, 14 Hold Ratings, 3 Sell Ratings)
Consensus Price Target: $59.35 (30.3% Upside)
Dow Inc. provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It operates through Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings segments. The Packaging & Specialty Plastics segment provides ethylene, and propylene and aromatics products; and polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers. The Industrial Intermediates & Infrastructure segment offers ethylene oxides, propylene oxides, propylene glycol and polyether polyols, aromatic isocyanates and polyurethane systems, coatings, adhesives, sealants, elastomers, and composites. This segment also provides caustic soda, and ethylene dichloride and vinyl chloride monomers; and cellulose ethers, redispersible latex powders, and acrylic emulsions. The Performance Materials and Coatings segment provides architectural paints and coatings, and industrial coatings that are used in maintenance and protective industries, wood, metal packaging, traffic markings, thermal paper, and leather; performance silicones and specialty materials; and silicone feedstocks and intermediates. It also engages in property and casualty insurance, as well as reinsurance business. Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.
Nucor logo

#13 - Nucor

NYSE:NUE
Stock Price: $119.28 (+$1.43)
Market Cap: $31.23 billion
P/E Ratio: 3.7
Dividend Yield: 1.68%
Consensus Rating: Hold (2 Buy Ratings, 4 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $131.00 (9.8% Upside)
Nucor Corporation manufactures and sells steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. It serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina.
PPG Industries logo

#14 - PPG Industries

NYSE:PPG
Stock Price: $119.01 (-$1.22)
Market Cap: $27.97 billion
P/E Ratio: 26.1
Dividend Yield: 2.08%
Consensus Rating: Hold (9 Buy Ratings, 8 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $151.18 (27.0% Upside)
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company's Performance Coatings segment offers coatings, solvents, adhesives, sealants, sundries, and software for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; and coatings, sealants, transparencies, transparent armor, adhesives, engineered materials, and packaging and chemical management services for commercial, military, regional jet, and general aviation aircraft. It also provides coatings and finishes for the protection of metals and structures, such as metal fabricators, heavy duty maintenance contractors, and manufacturers of ships, bridges, and rail cars; paints, wood stains, adhesives, and purchased sundries for painting and maintenance contractors, and consumers for decoration and maintenance of residential and commercial building structures; and paints, thermoplastics, pavement marking products, and other technologies for pavement marking. The company's Industrial Coatings segment offers coatings, adhesives and sealants, and metal pretreatments, as well as services and coatings applications for appliances, agricultural and construction equipment, consumer electronics, automotive parts and accessories, building products, kitchenware, and transportation vehicles and other finished products; and on-site coatings services. It also provides coatings for metal cans, closures, plastic tubes, and promotional and specialty packaging; amorphous precipitated silica for tire, battery separator, and other end-uses; TESLIN substrates for labels, e-passports, drivers' licenses, breathable membranes, and loyalty and identification cards; and organic light emitting diode materials, displays and lighting lens materials, optical lenses, color-change products, and photochromic dyes. The company was incorporated in 1883 and is headquartered in Pittsburgh, Pennsylvania.
Barrick Gold logo

#15 - Barrick Gold

NYSE:GOLD
Stock Price: $15.81 (-$0.09)
Market Cap: $27.94 billion
P/E Ratio: 14.0
Dividend Yield: 2.49%
Consensus Rating: Buy (6 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $26.74 (69.1% Upside)
Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.   In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick. Nevada Gold Mines is the world's largest gold mining complex.  Barrick owns and operates six Tier One gold mines:  Cortez, Carlin and Turquoise Ridge in Nevada, Loulo-Gounkoto in Mali, Kibali in the Democratic Republic of Congo and Pueblo Viejo in the Dominican Republic.   It has gold and copper mines and projects in 13 countries in North and South America, Africa, Papua New Guinea and Saudi Arabia. Barrick's diversified portfolio spans the world's most prolific gold districts and is focused on high-margin, long life assets.
Sociedad Química y Minera de Chile logo

#16 - Sociedad Química y Minera de Chile

NYSE:SQM
Stock Price: $94.74 (+$1.50)
Market Cap: $27.06 billion
P/E Ratio: 13.0
Dividend Yield: 4.93%
Consensus Rating: Hold (5 Buy Ratings, 1 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $99.14 (4.6% Upside)
Sociedad Química y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers. It also provides iodine and its derivatives for use in medical, pharmaceutical, agricultural, and industrial applications comprising x-ray contrast media, polarizing films for LCD and LED, antiseptics, biocides and disinfectants, pharmaceutical synthesis, electronics, pigments, and dye components. In addition, the company offers lithium carbonates for various applications that include electrochemical materials for batteries, frits for the ceramic and enamel industries, heat-resistant glass, air conditioning chemicals, continuous casting powder for steel extrusion, primary aluminum smelting process, pharmaceuticals, and lithium derivatives, as well as ingredient in manufacturing of gunpowder. Further, it supplies lithium hydroxide for the lubricating greases industry, as well as cathodes for batteries. Additionally, it offers potassium chloride and potassium sulfate for various crops, including corn, rice, sugar, soybean, and wheat; industrial chemicals, including sodium nitrate, potassium nitrate, potassium chloride, and solar salts; and other fertilizers and blends. The company operates in Chile, Latin America and the Caribbean, Europe, North America, Asia, and internationally. Sociedad Química y Minera de Chile S.A. was incorporated in 1968 and is headquartered in Santiago, Chile.
DuPont de Nemours logo

#17 - DuPont de Nemours

NYSE:DD
Stock Price: $53.63 (-$0.83)
Market Cap: $26.86 billion
P/E Ratio: 14.7
Dividend Yield: 2.41%
Consensus Rating: Buy (11 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $76.86 (43.3% Upside)
DuPont de Nemours, Inc. provides technology-based materials and solutions in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through three segments: Electronics & Industrial, Mobility & Materials, and Water & Protection. The Electronics & Industrial segment supplies materials and printing systems to the advanced printing industry; and materials and solutions for the fabrication of semiconductors and integrated circuits addressing front-end and back-end of the manufacturing process. This segment also provides semiconductor and advanced packaging materials; dielectric and metallization solutions for chip packaging; and silicones for light emitting diode packaging and semiconductor applications; permanent and process chemistries for the fabrication of printed circuit boards to include laminates and substrates, electroless, and electrolytic metallization solutions, as well as patterning solutions, and materials and metallization processes for metal finishing, decorative, and industrial applications. In addition, it offers various materials to manufacture rigid and flexible displays for organic light emitting diode, and other display applications, as well as provides high performance parts, and specialty silicone elastomers, and lubricants. The Mobility & Materials segment provides engineering resins, silicone encapsulants, pastes, filaments, and advanced films to engineers and designers in the transportation, electronics, renewable energy, industrial, and consumer end-markets. The Water & Protection segment provides engineered products and integrated systems for worker safety, water purification and separation, transportation, energy, medical packaging and building materials. The company was formerly known as DowDuPont Inc. and changed its name to DuPont de Nemours, Inc. in June 2019. DuPont de Nemours, Inc. is headquartered in Wilmington, Delaware.
LyondellBasell Industries logo

#18 - LyondellBasell Industries

NYSE:LYB
Stock Price: $80.33 (-$0.56)
Market Cap: $26.20 billion
P/E Ratio: 4.9
Dividend Yield: 5.87%
Consensus Rating: Hold (5 Buy Ratings, 11 Hold Ratings, 3 Sell Ratings)
Consensus Price Target: $99.80 (24.2% Upside)
LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and PolyolefinsAmericas; Olefins and PolyolefinsEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. It produces and markets olefins and co-products; polyolefins; polyethylene products, which consist of high density polyethylene, low density polyethylene, and linear low density polyethylene; and polypropylene (PP) products, such as PP homopolymers and copolymers. The company also produces and sells propylene oxide and its derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomers, acetyls, ethylene glycols, and ethylene oxides and derivatives. In addition, it produces and markets compounds and solutions, such as polypropylene compounds, engineered plastics, masterbatches, engineered composites, colors, and powders; and advanced polymers. Further, the company refines crude oil and other crude oils of varied types and sources into gasoline and distillates; develops and licenses chemical and polyolefin process technologies; and manufactures and sells polyolefin catalysts. LyondellBasell Industries N.V. was incorporated in 2009 and is headquartered in Houston, Texas.
Franco-Nevada logo

#19 - Franco-Nevada

NYSE:FNV
Stock Price: $123.36 (-$0.15)
Market Cap: $23.62 billion
P/E Ratio: 30.8
Dividend Yield: 1.02%
Consensus Rating: Hold (5 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $169.38 (37.3% Upside)
Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, the United States, Canada, and internationally. It operates in two segments, Mining and Energy. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and energy comprising oil, gas, and natural gas liquids. The company was founded in 1983 and is headquartered in Toronto, Canada.
CF Industries logo

#20 - CF Industries

NYSE:CF
Stock Price: $104.56 (+$2.01)
Market Cap: $20.83 billion
P/E Ratio: 8.6
Dividend Yield: 1.52%
Consensus Rating: Hold (8 Buy Ratings, 6 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $106.21 (1.6% Upside)
CF Industries Holdings, Inc. manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium. It primarily serves cooperatives, independent fertilizer distributors, traders, wholesalers, and industrial users. The company was founded in 1946 and is headquartered in Deerfield, Illinois.
Agnico Eagle Mines logo

#21 - Agnico Eagle Mines

NYSE:AEM
Stock Price: $44.36 (-$0.07)
Market Cap: $20.21 billion
P/E Ratio: 25.2
Dividend Yield: 3.52%
Consensus Rating: Buy (7 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $71.56 (61.3% Upside)
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. It operates through Northern Business and Southern Business segments. The company primarily produces and sells gold deposits, as well as explores for silver, zinc, and copper deposits. Its flagship property is the LaRonde mine located in the Abitibi region of northwestern Quebec, Canada. As of December 31, 2021, the company's LaRonde mine had proven and probable mineral reserves of approximately 3.0 million ounces of gold. It is also involved in exploration activities in Europe, Latin America, and the United States. The company was incorporated in 1953 and is headquartered in Toronto, Canada.
ArcelorMittal logo

#22 - ArcelorMittal

NYSE:MT
Stock Price: $20.54 (-$1.20)
Market Cap: $19.26 billion
P/E Ratio: 1.2
Dividend Yield: 1.46%
Consensus Rating: Hold (4 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $37.05 (80.4% Upside)
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in Europe, North and South America, Asia, and Africa. Its principal steel products include semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, which includes blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company's principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. The company has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine; and coal mining activities in Kazakhstan. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.
Mosaic logo

#23 - Mosaic

NYSE:MOS
Stock Price: $51.09
Market Cap: $18.49 billion
P/E Ratio: 5.8
Dividend Yield: 1.15%
Consensus Rating: Hold (7 Buy Ratings, 7 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $64.25 (25.8% Upside)
The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name. The company also produces and sells potash for use in the manufacturing of mixed crop nutrients and animal feed ingredients, and for industrial use; and for use in the de-icing and as a water softener regenerant. In addition, it provides nitrogen-based crop nutrients, animal feed ingredients, and other ancillary services; and purchases and sells phosphates, potash, and nitrogen products. The company sells its products to wholesale distributors, retail chains, farmers, cooperatives, independent retailers, and national accounts. The Mosaic Company was incorporated in 2004 and is headquartered in Tampa, Florida.
Teck Resources logo

#24 - Teck Resources

NYSE:TECK
Stock Price: $32.25 (-$0.58)
Market Cap: $16.42 billion
P/E Ratio: 4.0
Dividend Yield: 1.16%
Consensus Rating: Buy (13 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $52.22 (61.9% Upside)
Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. It operates through Steelmaking Coal, Copper, Zinc, and Energy segments. The company's principal products include copper, zinc, steelmaking coal, and blended bitumen. It also produces lead, silver, and molybdenum; and various specialty and other metals, chemicals, and fertilizers. In addition, the company explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1913 and is headquartered in Vancouver, Canada.
Wheaton Precious Metals logo

#25 - Wheaton Precious Metals

NYSE:WPM
Stock Price: $34.20 (+$0.08)
Market Cap: $15.45 billion
P/E Ratio: 21.0
Dividend Yield: 1.72%
Consensus Rating: Buy (5 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $54.17 (58.4% Upside)
Wheaton Precious Metals Corp., a streaming company, primarily sells precious metals in Canada and internationally. The company sells gold, silver, palladium, and cobalt deposits. It has a portfolio of interests in the 23 operating mines and 13 development projects. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp. was founded in 2004 and is headquartered in Vancouver, Canada.
Steel Dynamics logo

#26 - Steel Dynamics

NASDAQ:STLD
Stock Price: $78.38 (+$0.55)
Market Cap: $14.31 billion
P/E Ratio: 3.5
Dividend Yield: 1.74%
Consensus Rating: Hold (2 Buy Ratings, 1 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $92.14 (17.6% Upside)
Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot roll, cold roll, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; and engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars. The company also engages in turning, polishing, straightening, chamfering, threading, precision saw-cutting, and heat treating of bar products; and cutting to length, straightening, hole punching, shot blasting, welding, galvanizing, and coating of specialty products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. This segment sells directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations segment purchases, processes, and resells ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, marketing, brokerage, and scrap management services. The Steel Fabrication Operations segment produces non-residential steel building components, such as steel joists, girders, trusses, and steel deck products. The company also exports its products. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana.
FMC logo

#27 - FMC

NYSE:FMC
Stock Price: $111.96 (-$0.08)
Market Cap: $14.10 billion
P/E Ratio: 20.6
Dividend Yield: 1.89%
Consensus Rating: Buy (7 Buy Ratings, 4 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $130.50 (16.6% Upside)
FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that include insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control. The company markets its products through its own sales organization and through alliance partners, independent distributors, and sales representatives. It operates in North America, Latin America, Europe, the Middle East, Africa, and Asia. FMC Corporation was founded in 1883 and is headquartered in Philadelphia, Pennsylvania.
Bunge logo

#28 - Bunge

NYSE:BG
Stock Price: $86.81 (-$0.93)
Market Cap: $13.19 billion
P/E Ratio: 7.5
Dividend Yield: 2.84%
Consensus Rating: Buy (8 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $118.67 (36.7% Upside)
Bunge Limited operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains primarily wheat and corn; and processes oilseeds into vegetable oils and protein meals. This segment offers its products for animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing and biofuel companies; and for industrial and biodiesel production applications. The Refined and Specialty Oils segment sells packaged and bulk oils and fats that include cooking oils, shortenings, margarines, mayonnaise, and other products for baked goods companies, snack food producers, confectioners, restaurant chains, foodservice operators, infant nutrition companies, and other food manufacturers, as well as grocery chains, wholesalers, distributors, and other retailers. The Milling segment provides wheat flours and bakery mixes; corn milling products that comprise dry-milled corn meals and flours, wet-milled masa and flours, and flaking and brewer's grits, as well as soy-fortified corn meal, corn-soy blends, and other products; whole grain and fiber ingredients; quinoas and millets; die-cut pellets; and non-GMO products. The Sugar and Bioenergy segment produces sugar and ethanol; and generates electricity from burning sugarcane bagasse. Bunge Limited was founded in 1818 and is headquartered in St. Louis, Missouri.
Suzano logo

#29 - Suzano

NYSE:SUZ
Stock Price: $9.01 (+$0.02)
Market Cap: $12.26 billion
P/E Ratio: 5.4
Dividend Yield: 1.36%
Consensus Rating: Hold (0 Buy Ratings, 1 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $11.00 (22.1% Upside)
Suzano S.A. produces and sells eucalyptus pulp and paper products in Brazil and internationally. It operates through Pulp and Paper segments. The company offers coated and uncoated printing and writing papers, paperboards, tissue papers, and market and fluff pulps; and lignin and its byproducts. It also engages in the research, development, and production of biofuel; operation of port terminals; power generation and distribution business; commercialization of equipment and parts; biotechnology research and development; and commercialization of paper and computer materials. In addition, the company is involved in the business office, production packaging, and financial fundraising activities; research, development, production, commercialization, and distribution of wood-based textile fibers, yarns, and filaments produced from cellulose and microfibrillated cellulose; and research and development of wood raw materials for the textile industry. Suzano S.A. was formerly known as Suzano Papel e Celulose S.A. and changed its name to Suzano S.A. in April 2019. The company was founded in 1924 and is headquartered in Salvador, Brazil.
POSCO logo

#30 - POSCO

NYSE:PKX
Stock Price: $39.26 (-$0.11)
Market Cap: $11.88 billion
P/E Ratio: 2.0
Dividend Yield: 6.13%
Consensus Rating: Sell (0 Buy Ratings, 0 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: N/A
POSCO Holdings Inc., together with its subsidiaries, manufactures and sells steel rolled products and plates in South Korea and internationally. It operates through four segments: Steel, Construction, Trading, and Others. The company offers hot and cold rolled steel, steel plates, wire rods, galvanized sheets, electrical steel, stainless steel, and titanium. It also engages in the design, manufacture, and construction of steel mills and their facilities, and commercial and residential facilities; export and import of raw materials, as well as provision of supply and purchase transactions between domestic and foreign companies, and various steel products; power generation activities; and provision of network, system integration, and logistics services. In addition, the company is involved in the engineering and construction; research and consulting; architectural design and supervision; investment in venture, energy, and technology industries; electronic commerce; intellectual property services and consulting; transporting and warehousing; real estate development, rental, sale, and management; and education and real estate business. Further, it engages in the resource development; mine development; business facility maintenance; fuel cell; iron ore and coal sales; anode reproduction; and cargo handling business, as well as operates housing business agency. Additionally, the company is involved in the IT service and DVR; electric control engineering; forest resources development; refractory materials sales and furnace maintenance; quicklime manufacturing and sales; wastewater treatment operation and maintenance; rice processing; grain sales; and social enterprise businesses. POSCO Holdings Inc. was incorporated in 1968 and is headquartered in Pohang, South Korea.
Westlake logo

#31 - Westlake

NYSE:WLK
Stock Price: $90.52 (-$0.38)
Market Cap: $11.62 billion
P/E Ratio: 4.1
Dividend Yield: 1.54%
Consensus Rating: Hold (6 Buy Ratings, 6 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $118.79 (31.2% Upside)
Westlake Corporation manufactures and supplies petrochemicals, polymers, and building products worldwide. It operates through two segments, Performance and Essential Materials; and Housing and Infrastructure Products. The Performance and Essential Materials segment manufactures and markets polyethylene, styrene monomer, ethylene co-products, PVC, VCM, ethylene dichloride chlor-alkali, and chlorinated derivative products. The Housing and Infrastructure Products segment manufactures and sells residential PVC siding; PVC trim and moldings; roofing applications; decorative stone; windows; PVC decking; PVC films for various inflatables, wallcovering, tape, and roofing applications; polymer composite roof tiles; PVC pipe and fittings; PVC compounds; and various consumer and commercial products such as landscape edging; industrial, home and office matting; marine dock edging; and masonry joint controls. The company offers its products to a range of customers, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses for use in various consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive products, healthcare products, water treatment, and coatings, as well as other durable and non-durable goods. The company was formerly known as Westlake Chemical Corporation and changed its name to Westlake Corporation in February 2022. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Corporation is a subsidiary of TTWF LP.
International Paper logo

#32 - International Paper

NYSE:IP
Stock Price: $32.05 (-$0.82)
Market Cap: $11.60 billion
P/E Ratio: 6.7
Dividend Yield: 5.56%
Consensus Rating: Hold (1 Buy Ratings, 8 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $44.44 (38.7% Upside)
International Paper Company operates as a packaging company primarily in United States, the Middle East, Europe, Africa, Pacific Rim, Asia, and rest of the Americas. It operates through two segments: Industrial Packaging and Global Cellulose Fibers. The Industrial Packaging segment manufactures containerboards, including linerboard, medium, whitetop, recycled linerboard, recycled medium, and saturating kraft. The Global Cellulose Fibers segment provides fluff, market, and specialty pulps that are used in absorbent hygiene products, such as baby diapers, feminine care, adult incontinence, and other non-woven products; tissue and paper products; and non-absorbent end applications, including textiles, filtration, construction material, paints and coatings, reinforced plastics, and other applications. It sells its products directly to end users and converters, as well as through agents, resellers, and paper distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.
ICL Group logo

#33 - ICL Group

NYSE:ICL
Stock Price: $8.37 (-$0.04)
Market Cap: $10.98 billion
P/E Ratio: 6.4
Dividend Yield: 10.60%
Consensus Rating: Hold (0 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $11.50 (37.4% Upside)
ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Innovative Ag Solutions (IAS). The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; produces various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products. The Potash segment extracts potash from the Dead Sea; mines and produces potash and salt; produces Polysulphate; produces, markets, and sells magnesium and magnesium alloys, as well as related by-products, including chlorine and sylvinite; and sells salt. The Phosphate Solutions segment uses phosphate commodity products to produce specialty products; produces and markets phosphate-based fertilizers, as well as sulphuric acid, green phosphoric acid, and phosphate fertilizers; and manufactures thermal phosphoric acid for various industrial end markets, such as oral care, cleaning products, paints and coatings, water treatment, asphalt modification, construction, and metal treatment. It also develops and produces functional food ingredients and phosphate additives for use in the processed meat, poultry, seafood, dairy, beverage, and baked goods markets; and produces milk and whey proteins for the food ingredients industry. The IAS segment develops, manufactures, markets, and sells fertilizers based primarily on nitrogen, potash, and phosphate, including water soluble specialty, liquid, soluble, and controlled-release fertilizers. It sells its products through marketing companies, agents, and distributors. The company was formerly known as Israel Chemicals Ltd. and changed its name to ICL Group Ltd in May 2020. The company was founded in 1968 and is headquartered in Tel Aviv, Israel.
Cameco logo

#34 - Cameco

NYSE:CCJ
Stock Price: $27.11 (-$0.72)
Market Cap: $10.80 billion
P/E Ratio: 225.9
Dividend Yield: 0.23%
Consensus Rating: Buy (8 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $42.88 (58.2% Upside)
Cameco Corp. engages in the provision of uranium. It operates through the following segments: Uranium and Fuel Services. The Uranium segment is involved in the exploration for, mining, milling, purchase, and sale of uranium concentrate. The Fuel Services segment is involved in the refining, conversion, and fabrication of uranium concentrate and the purchase and sale of conversion services. The company was founded in 1988 and is headquartered in Saskatoon, Canada.
Kirkland Lake Gold logo

#35 - Kirkland Lake Gold

NYSE:KL
Stock Price: $38.92
Market Cap: $10.26 billion
P/E Ratio: 11.8
Dividend Yield: 1.93%
Consensus Rating: Buy (1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $54.13 (39.1% Upside)
Kirkland Lake Gold Ltd. engages in the mining, development, and exploration of gold properties. The firms projects include Holt Mine, Macassa Mine, and Detour Lake Mine. The company was founded on June 29, 1983 and is headquartered in Toronto, Canada.
Celanese logo

#36 - Celanese

NYSE:CE
Stock Price: $92.82 (-$1.94)
Market Cap: $10.06 billion
P/E Ratio: 5.2
Dividend Yield: 2.81%
Consensus Rating: Hold (8 Buy Ratings, 6 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $151.13 (62.8% Upside)
Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. The company operates through three segments: Engineered Materials, Acetate Tow, and Acetyl Chain. The Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It also offers acesulfame potassium, a sweetener for use in various beverages, confections, and dairy products; and food protection ingredients, such as potassium sorbate and sorbic acid for use in foods, beverages, and personal care products. The Acetate Tow segment provides acetate tows and flakes for use in filter products applications. The Acetyl Chain segment produces and supplies acetyl products, including acetic acid, vinyl acetate monomers, acetic anhydride, and acetate esters that are used as starting materials for colorants, paints, adhesives, coatings, and pharmaceuticals; and organic solvents and intermediates for pharmaceutical, agricultural, and chemical products. It also offers vinyl acetate-based emulsions for use in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; and ethylene vinyl acetate resins and compounds, as well as low-density polyethylene for use in flexible packaging films, lamination film products, hot melt adhesives, automotive parts, and carpeting applications. In addition, it manufactures ultra-high molecular weight polyethylene. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas.
Goldcorp logo

#37 - Goldcorp

NYSE:GG
Stock Price: $11.19
Market Cap: $9.72 billion
P/E Ratio: 159.9
Dividend Yield: 0.70%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
Goldcorp Inc. acquires, explores for, develops, and operates precious metal properties in Canada, the United States, Mexico, and Central and South America. The company primarily explores for gold, zinc, silver, lead, and copper deposits. Its principal producing mining properties include the Éléonore, Musselwhite, Porcupine, and Red Lake mines in Canada; the Peñasquito mine in Mexico; the Cerro Negro mine in Argentina; and the Pueblo Viejo mine in the Dominican Republic. The company was founded in 1954 and is headquartered in Vancouver, Canada.
Fibria Celulose logo

#38 - Fibria Celulose

NYSE:FBR
Stock Price: $0.00
Market Cap: $9.42 billion
P/E Ratio: 27.9
Dividend Yield: 8.19%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
Fibria Celulose S.A. produces, sells, and exports short fiber pulp in Brazil and internationally. It manufactures and sells bleached eucalyptus kraft pulp. The company has approximately 1,056,000 hectares of forest base in the states of São Paulo, Minas Gerais, Rio de Janeiro, Espírito Santo, Mato Grosso do Sul, and Bahia. It also exports its products to approximately 35 countries for educational, health, hygiene, and cleaning products. The company was formerly known as Votorantim Celulose e Papel S.A. and changed its name to Fibria Celulose S.A. in November 2009. Fibria Celulose S.A. was founded in 1988 and is headquartered in São Paulo, Brazil.
Eastman Chemical logo

#39 - Eastman Chemical

NYSE:EMN
Stock Price: $75.30 (-$1.28)
Market Cap: $9.25 billion
P/E Ratio: 8.2
Dividend Yield: 3.93%
Consensus Rating: Hold (5 Buy Ratings, 9 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $111.67 (48.3% Upside)
Eastman Chemical Company operates as a specialty materials company in the United States and internationally. The company's Additives & Functional Products segment offers hydrocarbon and rosin resins; organic acid-based solutions; amine derivative-based building blocks; metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators; specialty coalescent, specialty and commodity solvents, paint additives, and specialty polymers; heat transfer and aviation fluids; insoluble sulfur and anti-degradant rubber additives; and performance resins. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral (PVB) sheets, and window and protective films, and aftermarket applied film products for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables markets. The company's Chemical Intermediates segment offers methylamines and salts higher amines and solvents; Olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non- phthalate plasticizers to the industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.
Gerdau logo

#40 - Gerdau

NYSE:GGB
Stock Price: $4.94 (+$0.06)
Market Cap: $8.50 billion
P/E Ratio: 2.7
Dividend Yield: 11.25%
Consensus Rating: Buy (2 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $6.10 (23.5% Upside)
Gerdau S.A. provides steel products and services. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It offers semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; finished industrial products, including commercial rolled-steel bars, and light profiles and wires; agricultural products that include stakes and smooth wire products; and drawn products comprises barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire meshes, nails, and clamps. The company also produces special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets. In addition, it offers flat products, including hot rolled coils and heavy plates; and resells flat steel products, as well as mines and produces iron ore. It sells its products through independent distributors, direct sales from the mills, and through its retail network. The company was founded in 1901 and is based in Sao Paulo, Brazil.
WestRock logo

#41 - WestRock

NYSE:WRK
Stock Price: $32.02 (-$0.72)
Market Cap: $8.16 billion
P/E Ratio: 9.1
Dividend Yield: 3.03%
Consensus Rating: Hold (2 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $42.57 (33.0% Upside)
WestRock Company, together with its subsidiaries, provides fiber-based paper and packaging solutions in North America, South America, Europe, Asia, and Australia. It operates through two segments, Corrugated Packaging and Consumer Packaging. The Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards to consumer and industrial products manufacturers, and corrugated box manufacturers. It also provides structural and graphic design, engineering services and custom, and proprietary and standard automated packaging machines, as well as turn-key installation, automation, line integration, and packaging solutions; distributes corrugated packaging materials and other specialty packaging products, including stretch films, void fills, carton sealing tapes, and other specialty tapes; operates recycling facilities that collect, sort, grade, and bale recovered paper; and provides lithographic laminated packaging products, as well as contract packing services. The Consumer Packaging segment manufactures and sells folding cartons that are used to package food, paper, beverages, dairy products, tobacco, confectionery, health and beauty, other household consumer, and commercial and industrial products; and express mail packages for the overnight courier industry. It also offers inserts and labels, as well as rigid packaging and other printed packaging products, such as transaction cards, brochures, product literature, marketing materials, and grower tags and plant stakes for the horticultural market; and secondary packages and paperboard packaging for over-the-counter and prescription drugs. In addition, this segment manufactures and sells solid fiber and corrugated partitions, and die-cut paperboard components principally to glass container manufacturers and the automotive industry, as well as producers of beer, food, wine, spirits, cosmetics, and pharmaceuticals. WestRock Company is based in Atlanta, Georgia.
Cleveland-Cliffs logo

#42 - Cleveland-Cliffs

NYSE:CLF
Stock Price: $15.16 (-$0.25)
Market Cap: $7.84 billion
P/E Ratio: 2.3
Consensus Rating: Buy (6 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $24.19 (59.5% Upside)
Cleveland-Cliffs is the largest flat-rolled steel company and the largest iron ore pellet producer in North America. The company is vertically integrated from mining through iron making, steelmaking, rolling, finishing and downstream with hot and cold stamping of steel parts and components. The company was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. Cleveland-Cliffs Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.
Gold Fields logo

#43 - Gold Fields

NYSE:GFI
Stock Price: $8.66 (-$0.06)
Market Cap: $7.72 billion
Dividend Yield: 3.11%
Consensus Rating: Hold (2 Buy Ratings, 2 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $13.77 (59.0% Upside)
Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.34 million ounces, as well as gold mineral reserves of approximately 48.6 million ounces and mineral resources of approximately 111.8 million ounces. Gold Fields Limited was founded in 1887 and is based in Sandton, South Africa.
Sibanye Stillwater logo

#44 - Sibanye Stillwater

NYSE:SBSW
Stock Price: $10.10 (-$0.10)
Market Cap: $7.15 billion
Dividend Yield: 4.87%
Consensus Rating: Buy (6 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $14.60 (44.6% Upside)
Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Zimbabwe, Canada, and Argentina. The company produces gold; platinum group metals (PGMs), including palladium, platinum, and rhodium; and by-products, such as iridium, ruthenium, nickel, copper, and chrome. It owns the East Boulder and Stillwater mines located in Montana, the United States; and Columbus metallurgical complex, which smelts the material mined to produce PGM-rich filter cake, as well as conducts PGM recycling activities. The company is also involved in the Kroondal, Rustenburg, Marikana, and Platinum Mile operations situated in South Africa; Mimosa located on the southern portion in Zimbabwe; the Driefontein, Kloof, and Cooke surface operations located on the West Rand of the Witwatersrand Basin; and the Beatrix situated in the southern Free State. In addition, it owns an interest in surface tailings retreatment facilities; the Marathon PGM project in Ontario, Canada; the Altar and Rio Grande copper gold projects in the Andes in north-west Argentina; the Hoedspruit; and the Burnstone and southern Free State gold projects in South Africa. Sibanye Stillwater Limited was founded in 2013 and is headquartered in Weltevreden Park, South Africa.
Olin logo

#45 - Olin

NYSE:OLN
Stock Price: $47.43 (-$0.05)
Market Cap: $6.88 billion
P/E Ratio: 5.0
Dividend Yield: 1.68%
Consensus Rating: Buy (8 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $60.58 (27.7% Upside)
Olin Corporation manufactures and distributes chemical products in the United States, Europe, and internationally. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products, potassium hydroxide, chlorinated organics intermediates and solvents, and sodium hypochlorite. The Epoxy segment provides epoxy materials and precursors, including aromatics, such as acetone, bisphenol, cumene, and phenol, as well as allyl chloride, epichlorohydrin, and glycerin used for the manufacturers of polymers, resins and other plastic materials, and water purification; liquid and solid epoxy resins that are used in adhesives, marines, protective coatings, composites, and flooring; and converted epoxy resins and additives for use in electrical laminates, paints and coatings, wind blades, electronics, and construction. The Winchester segment offers sporting ammunition products, including shotshells, small caliber centerfire, and rimfire ammunition products for hunters and recreational shooters, and law enforcement agencies; small caliber military ammunition products for use in infantry and mounted weapons; and industrial products comprising gauge loads and powder-actuated tool loads for maintenance applications in power and concrete industries, and powder-actuated tools in construction industry. The company markets its products through its sales force, as well as directly to various industrial customers, mass merchants, retailers, wholesalers, other distributors, and the U.S. Government and its prime contractors. Olin Corporation was incorporated in 1892 and is based in Clayton, Missouri.
Sibanye Gold logo

#46 - Sibanye Gold

NYSE:SBGL
Stock Price: $10.20 (-$0.01)
Market Cap: $6.81 billion
Dividend Yield: 2.31%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A
Sibanye Gold Limited operates as a precious metals mining company in South Africa, the United States, Zimbabwe, Canada, and Argentina. The company produces gold; platinum group metals (PGMs), including palladium, platinum, and rhodium projects; and by-products, such as iridium, ruthenium, nickel, copper, and chrome. It owns the East Boulder and Stillwater mines located in Montana, the United States; and Columbus metallurgical complex, which smelts the material mined to produce PGM-rich filter cake, as well as conducts PGM recycling activities. The company is also involved in the Kroondal, Rustenburg, and Platinum Mile operations located in South Africa; Mimosa located on the southern portion of the Great Dyke in Zimbabwe; the Driefontein, Kloof, and Cooke surface operations located on the West Rand of the Witwatersrand Basin; and the Beatrix located in the southern Free State. In addition, it owns interest in surface tailings retreatment facilities; the Marathon PGM project in Ontario, Canada; the Altar and Rio Grande copper gold projects in the Andes in north-west Argentina; the Hoedspruit, Zondernaam, and Vygenhoek PGM projects in South Africa; and the Burnstone and southern Free State gold projects in South Africa. Sibanye Gold Limited was incorporated in 2002 and is headquartered in Weltevreden Park, South Africa.
Royal Gold logo

#47 - Royal Gold

NASDAQ:RGLD
Stock Price: $97.29 (-$0.20)
Market Cap: $6.39 billion
P/E Ratio: 23.2
Dividend Yield: 1.41%
Consensus Rating: Buy (5 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $138.00 (41.8% Upside)
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that are in production or in development stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and cobalt. As of June 30, 2022, the Company owned interests in 185 properties on five continents, including interests on 41 producing mines and 19 development stage projects. Its stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Australia, Africa, Mexico, and internationally. Royal Gold, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.
AngloGold Ashanti logo

#48 - AngloGold Ashanti

NYSE:AU
Stock Price: $14.57 (-$0.05)
Market Cap: $6.09 billion
P/E Ratio: 7.6
Dividend Yield: 3.05%
Consensus Rating: Hold (2 Buy Ratings, 1 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $19.23 (32.0% Upside)
AngloGold Ashanti Limited operates as a gold mining company in Africa, the Americas, and Australia. Its flagship property is a 100% owned Geita project located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania. The company also explores for silver and sulphuric acid. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.
Turquoise Hill Resources logo

#49 - Turquoise Hill Resources

NYSE:TRQ
Stock Price: $30.10 (-$0.01)
Market Cap: $6.06 billion
P/E Ratio: 11.0
Consensus Rating: Buy (6 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $35.14 (16.8% Upside)
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company primarily explores for copper, gold, and silver deposits. It engages in the operation and development of the Oyu Tolgoi copper-gold mine located in Southern Mongolia. The company was formerly known as Ivanhoe Mines Ltd. and changed its name to Turquoise Hill Resources Ltd. in August 2012. Turquoise Hill Resources Ltd. was incorporated in 1994 and is headquartered in Montreal, Canada. Turquoise Hill Resources Ltd. operates as a subsidiary of Rio Tinto Group.
West Fraser Timber logo

#50 - West Fraser Timber

NYSE:WFG
Stock Price: $71.79 (-$2.76)
Market Cap: $6.03 billion
P/E Ratio: 2.9
Dividend Yield: 1.57%
Consensus Rating: Buy (2 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $139.15 (93.8% Upside)
West Fraser Timber Co. Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products. The company also provides northern bleached softwood Kraft pulp and bleached chemical thermo-mechanical pulp used to produce various paper products, including printing and writing papers, specialty grades, and various tissue products. It sells its products to major retail chains, contractor supply yards, and wholesalers, as well as industrial customers for further processing or as components for other products in Canada, the United States, China, Europe, Asia, and other countries. West Fraser Timber Co. Ltd. was founded in 1955 and is based in Vancouver, Canada.
Basic Materials Stocks Investing

The Basic Materials sector includes companies involved in discovering, developing, and processing raw materials. The sector also includes companies involved in metal mining and processing, chemical producers, and forest products. 

The sector is a critical part of the global economy, providing the raw materials needed for construction, manufacturing, and other industries.

The Basic Materials sector is sensitive to economic cycles. The sector outperforms when the economy is strong, increasing the demand for raw materials. However, when the economy weakens, the sector typically underperforms. The sector is also sensitive to changes in commodity prices. 

Basic materials stocks and inflation

Inflation is often thought of as a rise in the prices of consumer goods, but it can also refer to increases in raw materials prices. When the cost of materials goes up, the prices of the finished goods that use those materials will also rise. This can lead to inflationary pressures, as companies pass on their higher costs to consumers.

Basic materials stocks are those that produce or extract the raw materials used in manufacturing and construction. Prices for these materials are sensitive to economic conditions and can be volatile.

Inflationary pressures can hurt basic materials stocks. When inflation is high, raw materials prices tend to increase, and companies that produce or extract these materials may find it difficult to pass on these higher costs to consumers. This can lead to lower profits and share prices.

Basic materials stocks and recessions

When it comes to investing in stocks, there are many different strategies that investors can take. Some investors focus on stocks that are known as "defensive stocks." These are stocks of companies that produce essential goods and services that people need regardless of economic conditions. Other investors focus on so-called "cyclical stocks." These are stocks of companies whose businesses are more sensitive to the ups and downs of the economy.

Basic materials stocks are usually considered to be cyclical stocks. That's because the demand for these companies' products, such as metals and chemicals, is often tied to the level of economic activity. When the economy is booming, demand for these products tends to be high. But when the economy slows down, as it did during the Great Recession of 2008-2009, demand for these products falls off sharply.

Investors typically shy away from cyclical stocks during a recession and focus on defensive stocks instead. That's because recessionary conditions can lead to big losses for companies in cyclical industries. For example, during the Great Recession, the steel demand fell sharply, leading to big losses for steel companies.

But there are also opportunities to be had in cyclical stocks during a recession. For example, while the steel demand fell during the Great Recession, the demand for aluminum rose. That's because aluminum is often used as a substitute for steel in various applications. As a result, aluminum companies actually did quite well during the recession while steel companies suffered.

So, if you're thinking about investing in basic materials stocks, it's important to understand that these stocks can be more volatile than other types of stocks. They can be big winners during periods of economic growth, but they can also be big losers during a recession.

When do basic materials stocks go down?

There are a few key things to determine when basic material stocks might go down. One is to look at the overall health of the economy. If the economy is slowing down, then it is likely that demand for basic materials will also decrease, leading to lower stock prices. Additionally, keep an eye on global events that could affect the supply or demand for basic materials. For example, a large natural disaster in a major producing country could lead to higher prices for materials due to decreased supply.

Challenges of basic materials stocks

The basic materials sector was one of the hardest hit during the global financial crisis of 2008, as demand for raw materials declined sharply. The sector has since recovered but faces challenges going forward. One challenge is the increasing cost of raw materials, which has put pressure on margins. Another challenge is regulatory risk, as environmental and other regulations can limit the ability of companies to extract and process raw materials. Despite these challenges, the basic materials sector is expected to grow in the coming years as the global economy continues to expand. Investors who are willing to take on additional risk may find opportunities in the sector.

Basic material stocks share performance

Basic materials stocks have underperformed the broader market in the past 10 years, posting an average return of 8.40%, while the S&P 500 delivered an 11.78% return. This is due in part to strong demand from emerging markets.

Looking ahead, analysts are bullish on the sector, citing continued demand from China and other emerging markets and an expected pickup in global economic growth. Other countries such as Vietnam and India also have a sizable demand for basic materials due to their rising middle classes and strong primary industries. As such, basic materials stocks are expected to continue outperforming in the years ahead.

Best basic materials stock list

Here is a list of some of the top basic materials stocks to buy now. These companies were chosen due to their strong dividends and record performance in delivering value to investors.

BHP Billiton (NYSE: BHP)

BHP Billiton is a diversified mining and resources company with operations in several countries worldwide. The company is a leader in producing iron ore, copper, and coal. The company has over 90 locations, including mines in Australia, Chile, The United States, and Canada.

Rio Tinto (NYSE: RIO)

Rio Tinto is another large, diversified mining company with a strong presence in Australia, Europe, and North America. The company has a long history of profitability and is a leader in producing iron ore, aluminum, and copper.

Vale (NYSE: VALE)

Vale is a Brazilian mining company with large and diversified operations. The company is a leader in iron ore production and is also a major producer of nickel and copper.

Freeport-McMoRan (NYSE: FCX)

Freeport-McMoRan is a large diversified mining company with operations in the Americas and Asia. The company is a leading producer of copper, gold, and molybdenum.

Southern Copper (NYSE: SCCO)

Southern Copper is a large copper mining company with operations in Peru, Mexico, and Chile. The company is one of the lowest-cost copper producers in the world. 

How to invest in basic materials stocks

Here are a few things to consider before investing in basic materials stocks:

  1. The business cycle: Basic materials stocks tend to be more volatile than the broader market. They do well when the economy is expanding but can suffer when it slows down. So it's important to clearly understand the business cycle before investing in these stocks.
  1. The global economy: Basic materials stocks are also sensitive to changes in the global economy. For example, a slowdown in China can lead to lower demand for metals and other commodities. So it's important to keep an eye on economic developments around the world.
  1. Company-specific risk: In addition to sector and macroeconomic risk, you must consider company-specific risk. This includes things like a company's financial health, competitive position, and management team.
  1. The outlook for the sector: Finally, you need to have a positive outlook for the sector to invest in basic materials stocks. This means being bullish on the outlook for the global economy and believing that demand for basic materials will continue to grow.

Basic materials stocks ETFs

Basic materials stocks and ETFs offer exposure to a wide range of industries, including chemicals, metals & mining, paper & forest products, and construction materials. These stocks and ETFs can provide diversification and potential growth opportunities for investors.

Many basic materials stocks and ETFs are available for investors to choose from. Some of the more popular options include the SPDR S&P Metals & Mining ETF (NYSEARCA: XME), and the VanEck Vectors Gold Miners ETF (NYSEARCA: GDX), and the iShares Global Materials ETF (NYSEARCA: MXI).

Each of these ETFs provides exposure to a different segment of the basic materials sector. For example, XME focuses on metals & mining stocks, GDX provides exposure to gold miners, and MXI offers a broad-based approach with holdings in various basic materials stocks.

Investors should consider their investment objectives and risks carefully before investing in any stock or ETF.

How to invest in basic materials ETF

If you're considering investing in basic materials ETFs, here are a few things to keep in mind:

  1. Consider the sector's volatility. The prices of metals and other commodities can fluctuate widely, so these ETFs may not be suitable for all investors.
  1. Consider the expenses. ETFs typically have lower expenses than mutual funds, but there can still be significant differences between ETFs. Make sure to compare the expense ratios of various ETFs before investing.
  1. Consider the holdings. Not all basic materials ETFs are the same. Some may focus on a particular commodity, such as gold or copper, while others may hold a broader range of commodities. There are also ETFs that focus on companies involved in producing basic materials, such as mining companies.
  1. Consider the risks. Commodities can be volatile, so there's the potential for losses if prices drop. In addition, companies in the basic materials sector are subject to various risks, such as regulatory changes, environmental risks, and competition from low-cost producers.
  1. Consider your goals. Basic materials ETFs can be a good way to profit from the growth in global infrastructure spending. However, these ETFs may not be suitable for all investors. Make sure to consider your investment goals and risk tolerance before investing.

More Stock Ideas from MarketBeat

MarketBeat Resources

Premium Research Tools

MarketBeat All Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.