Basic Materials: Few High-Upside Investment Opportunities
Basic materials stocks have soundly underperformed the global index.
Quarter-End Insights
Mentioned: Compass Minerals International Inc (CMP)
, Sociedad Quimica Y Minera De Chile SA (SQM)
, Cameco Corp (CCJ)
The Morningstar Global Materials Index has underperformed the broader market over the trailing one-year period, in part because of growing concerns about global growth amid rising trade tensions.
Global Materials Index vs. Global Equity Index - source: Morningstar Analysts
Andrew Lane does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.