Basic Materials: Amid Trade Tensions, We See Several Opportunities
Agriculture, uranium, and lithium stocks look particularly appealing in the basic materials sector.
Agriculture, uranium, and lithium stocks look particularly appealing in the basic materials sector.
The Morningstar US Materials Index has underperformed the broader market by about 3% year to date (Exhibit 1), as trade tensions with China continued to escalate. As a result, nearly 30% of our North American materials sector coverage now trades in 4- and 5-star territory (Exhibit 2).
Kristoffer Inton does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.