/cloudfront-us-east-1.images.arcpublishing.com/morningstar/KPHQX3TJC5FC7OEC653JZXLIVY.jpg)
Basic Materials
Companies that manufacture chemicals, building materials and paper products. This sector also includes companies engaged in commodities exploration and processing.
Featured
/cloudfront-us-east-1.images.arcpublishing.com/morningstar/Q3KIND5VXRCNHHH6JQHCCYBSSA.png)
Latest Company Reports
- TECKTeck Resources Ltd Class B (Sub Voting)
Despite a 6% Increase in Teck's FVE on Stronger Copper and Zinc Prices, Shares Remain Overvalued
- Rating
- Price
- $47.90
- Fair Value
- $77.00
- Uncertainty
- High
- Economic Moat
- Pyqy
- Capital Allocation
- Gznhspz
- RIORio Tinto PLC ADR
Despite Stronger Copper and Aluminum Prices, Iron Ore Still the Main Driver of Rio Tinto's Earnings
- Rating
- Price
- $65.93
- Fair Value
- $52.00
- Uncertainty
- Medium
- Economic Moat
- Qvnr
- Capital Allocation
- Rbqbdpn
- KGCKinross Gold Corp
Raising Kinross Gold's Fair Value Estimate by 3% on Higher Gold Prices; Shares Overvalued
- Rating
- Price
- $8.32
- Fair Value
- $1.40
- Uncertainty
- High
- Economic Moat
- Yyngz
- Capital Allocation
- Ftbht
- AEMAgnico Eagle Mines Ltd
Raising Agnico Eagle's Fair Value Estimate by 2% on Higher Gold Prices; Shares Remain Overvalued
- Rating
- Price
- $65.40
- Fair Value
- $45.00
- Uncertainty
- Medium
- Economic Moat
- Rbgnh
- Capital Allocation
- Gcrspjr
- NGLOYAnglo American PLC ADR
Anglo American's Valuation Increased by 3% on Stronger Copper and Platinum Group Metals Prices
- Rating
- Price
- $15.87
- Fair Value
- $21.40
- Uncertainty
- High
- Economic Moat
- Mnvx
- Capital Allocation
- Vtwlcwvn
- BHPBHP Group Ltd ADR
BHP Shares Remain Overvalued After Updating Our Commodity Price Assumptions
- Rating
- Price
- $57.09
- Fair Value
- $95.00
- Uncertainty
- Medium
- Economic Moat
- Pttg
- Capital Allocation
- Jhvvyvw
- GOLDBarrick Gold Corp
Modestly Increasing Barrick's Fair Value Estimate by 2% on Higher Gold Prices; Shares Undervalued
- Rating
- Price
- $16.68
- Fair Value
- $81.00
- Uncertainty
- Medium
- Economic Moat
- Zsp
- Capital Allocation
- Ncrswfqh
- NEMNewmont Corp
Newmont Fair Value Increased by 2% on Stronger Gold Prices; Shares Remain Undervalued
- Rating
- Price
- $41.87
- Fair Value
- $73.00
- Uncertainty
- Medium
- Economic Moat
- Hmpkr
- Capital Allocation
- Tccjrqr
- FMCFMC Corp
FMC Well Positioned for Recovery and Long-Term Growth From Strong Pipeline Despite Diamide Decline
/s3.amazonaws.com/arc-authors/morningstar/ca8d2ce1-cd0f-433b-a52b-d163be882398.jpg)
- Rating
- Price
- $57.55
- Fair Value
- $225.00
- Uncertainty
- High
- Economic Moat
- Gvlwqf
- Capital Allocation
- Cmqsfpqg
- SMGThe Scotts Miracle Gro Co Class A
Scotts Will Benefit From Strong Gardening Brands Driving Profit Restoration
- Rating
- Price
- $65.06
- Fair Value
- $87.00
- Uncertainty
- Very High
- Economic Moat
- Stskkn
- Capital Allocation
- Rjyr
- SQMSociedad Quimica Y Minera De Chile SA ADR
SQM's Low-Cost Lithium Should Remain Profitable as EV Adoption Rises Despite Volatile Prices
- Rating
- Price
- $40.75
- Fair Value
- $49.00
- Uncertainty
- Very High
- Economic Moat
- Hspvyx
- Capital Allocation
- Xflflsdfm
- DDDuPont de Nemours Inc
DuPont Plans to Separate Into Three More Focused Companies Going Forward
- Rating
- Price
- $80.49
- Fair Value
- $28.00
- Uncertainty
- Medium
- Economic Moat
- Fynbczs
- Capital Allocation
- Hqwhjpr
- JHXJames Hardie Industries PLC ADR
James Hardie's Result Breaks Records, but Weaker Near-Term Outlook Expected
- Rating
- Price
- $31.54
- Fair Value
- $15.00
- Uncertainty
- Medium
- Economic Moat
- Nbsv
- Capital Allocation
- Hvxkhwwcz
- CTVACorteva Inc
Corteva's Growing Premium Seed and Crop Protection Products Should Drive Long-Term Margin Expansion
- Rating
- Price
- $53.94
- Fair Value
- $58.00
- Uncertainty
- Medium
- Economic Moat
- Xvjnn
- Capital Allocation
- Skkfnvmw
- LAACLithium Americas (Argentina) Corp
Lithium Argentina Should Benefit From Strong Demand as Its First Project Ramps Up Production
- Rating
- Price
- $3.20
- Fair Value
- $24.00
- Uncertainty
- Very High
- Economic Moat
- Mbhsyf
- Capital Allocation
- Cdnsnwly
Largest Stocks in the Basic Materials Sector
|
1-Day Chart
|
Name
|
Industry
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|---|
| Linde PLC
LIN
| Specialty Chemicals | Pnnyrqd | Xvtt | $210.9 Bil | |||
| BHP Group Ltd ADR
BHP
| Other Industrial Metals & Mining | Gmyxylb | Nfqf | $143.9 Bil | |||
| Rio Tinto PLC ADR
RIO
| Other Industrial Metals & Mining | Wrlgntvl | Hzwfh | $106.8 Bil | |||
| Southern Copper Corp
SCCO
| Copper | Xtrpctvw | Rmt | $84.2 Bil | |||
| Sherwin-Williams Co
SHW
| Specialty Chemicals | Xkkjgpnbkk | Phrg | $75.7 Bil | |||
| Freeport-McMoRan Inc
FCX
| Copper | Swpy | Pwwgfh | $69.8 Bil | |||
| Ecolab Inc
ECL
| Specialty Chemicals | Pnffykvbjb | Qnhx | $68.0 Bil | |||
| Air Products & Chemicals Inc
APD
| Specialty Chemicals | Fcvccknzg | Glgq | $57.4 Bil | |||
| CRH PLC
CRH
| Building Materials | Zfggdkwrq | Tcwwks | $51.3 Bil | |||
| Vale SA ADR
VALE
| Other Industrial Metals & Mining | Ywvf | Vdskt | $48.3 Bil |
More in Basic Materials
/cloudfront-us-east-1.images.arcpublishing.com/morningstar/ODMSEUCKZ5AU7M6BKB5BUC6G5M.png)
3 High-Quality Undervalued Basic Materials Stocks
Notable names are trading at discounted prices.
Commodity Prices in Mining Sector Supportive; Some Opportunities Available
/cloudfront-us-east-1.images.arcpublishing.com/morningstar/6OI7VOI3OVBO5EWJE5SQDOMYMQ.png)
Basic Materials Stock Outlook: Sector Underperforms, Creating Opportunities Amid Decline
Our top picks include Albemarle and Dow.
Basic Materials Stock Outlook: Sector Underperforms, Creating Opportunities Amid Decline
Companies that sell to less-cyclical end markets, such as food and beverage ingredients, should hold up fairly well.
3 Stock Sectors With Big Fair Value Estimate Increases After Q4 Earnings
Basic materials, industrials, and technology stocks saw significant valuation boosts.
Basic Materials Sector Outperforms, but We Still See Long-Term Opportunities Amid Broader Market Decline
We forecast demand growth will outpace new supply in 2023, leading to a widening supply deficit, which should support prices remaining near current levels.
Lithium Stocks a Bright Spot in Basic Materials
Market's decline leaves over half of the sector undervalued, trading at 4 or 5 stars.
/cloudfront-us-east-1.images.arcpublishing.com/morningstar/3DJAXGF5LKQTWLNAEV3D6THZBM.png)
2 Sectors With The Largest Fair Value Increases
Here are the energy stocks and basic materials companies that saw the largest fair value increases during earnings season.
Market Decline Leaves Some Basic Materials Stocks Undervalued
Specialty chemicals producers a smart way to play the growth in electric vehicles and 5G technologies.
3 Sectors With the Largest Fair Value Increases
While few companies’ fair value estimates increased, some sectors saw particularly strong gains.