In May, energy and materials stocks led the S&P 500’s sectors, with the materials sector gaining 6.9%. As of May 2021, investors have begun accumulating shares in these stocks in anticipation of rising inflation, owing to inflation concerns. Since the end of 2020, the materials sector has been steadily increasing. In May, investors put $2.6 billion into the following materials stocks. As the economy picks up, analysts and investors expect this trend will continue. Last year, the S&P 500 index outperformed all other sectors by 16 percent. In the next 5-10 years, more inflation is projected, according to Jason Bloom of Invesco. Some of the top materials stocks for 2021 include LyondellBasell, Freeport-McMoRan, and Rio Tinto Group. The top five materials stocks to keep an eye on, according to Invesco.
Insider Monkey looks at the 11 best materials stocks for 2021. In Mexico, Argentina, Paraguay, Chile, Bolivia, Uruguay, Brazil, the United States, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua, Ternium S.A. manufactures and processes steel products. On the list of the best materials stocks for 2021, BHP Group is ranked 10th. According to Reuters, the business wants to increase its investment on base metal research over the next five years. Its stock has risen 7.51 percent in the last six months and is up 7.51 percent for the year. CEMEX, S.A.B. de C.V. is a cement, ready-mix concrete, aggregates, clinker, and other building materials manufacturer and distributor. On the list of the best materials stocks for 2021, the company is ranked 9th. Rio Tinto Group is ranked 8th among the best materials stocks for 2021 on our list. Schneider Electric and the firm have formed a cooperation to develop a long-term market ecosystem for both companies. On the list of the best materials stocks for 2021, MP Materials Corp. is ranked 7th. In the first quarter of 2021, the corporation owned the Mountain Pass facility in the Western Hemisphere and had a gross profit margin of 59.1 percent. For more details, click 11 Best Materials Stocks for 2021.
