What Are Basic Materials Stocks?
These companies are at the very beginning of the supply chain. If it isn't grown, it must be mined or chemically synthesized. Sub-industries include:
- Chemicals: Sherwin-Williams, Ecolab, Dow — specialty paints, agricultural fertilizers, and industrial chemicals.
- Metals & Mining: Nucor, Freeport-McMoRan, Newmont — gold, copper, steel, and aluminum producers.
- Construction Materials: Vulcan Materials, Martin Marietta — aggregates, cement, and concrete.