Seven U.S. materials stocks holding their own in a volatile market

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We are looking for U.S.-listed stocks in the materials sector that offer attractive valuations and strong earnings momentum

U.S.-listed stocks in commodity-related manufacturing industries – the materials sector – that offer attractive valuations and strong earnings momentum.

A resumption of industrial operations after COVID lockdowns has helped push commodity prices higher as demand continues to increase. Companies that turn these commodities into products have so far been able to pass on these increased costs to customers, which safeguards their profit margins. Despite recent market declines, the U.S. materials sector has been outperforming the S&P 500 index since March.

We started by setting a minimum market capitalization threshold of US$4-billion. Next, we looked for companies with a price-to-earnings ratio of 14 or less. The P/E of the S&P 500 materials sector is 14.4. We wanted companies that have a history of growing their earnings a share. We searched for stocks that are indicating a five-year EPS growth rate of 35 per cent or higher in order to find companies that are outperforming their peers in the S&P 500 materials sector, which has an average EPS growth rate of 33 per cent.

Finally, we required that both year-to-date and 52-week price performance be positive, and that the stock pays a dividend.is a global leader in financial market research and investment analytics for retail online brokers and institutions. Its product suite provides actionable trading ideas based on technical and fundamental research covering stocks, exchange-traded funds, indexes, forex, options and commodities.

 

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