The Top 3 Materials Stocks to Buy Now
when you consider the large amount of government spending that will take place over the next few years. All of this adds up to opportunity in the mate…
This story originally appeared on MarketBeat
With the Senate finally voting to approve a $1 trillion bipartisan infrastructure bill on Tuesday, investors are continuing to see money rotate into some of the sectors of the market that stand to benefit the most. The legislation includes roughly $550 billion in new funding for transportation, broadband internet, and utilities and could be a nice catalyst for certain stocks. The materials sector, in particular, is intriguing given that it includes many of the companies poised to play a big role in repairing the infrastructure of the United States.
Materials stocks generally don’t attract as much attention from investors as other areas of the market, but that doesn’t mean they don’t belong in your portfolio. This is particularly true when you consider the large amount of government spending that will take place over the next few years. All of this adds up to opportunity in the materials sector, which is why we’ve put together a brief overview of the top 3 materials stocks to buy now. Let’s take a deeper look below.
Nucor (NYSE: NUE)
NucorFreeport-McMoRan (NYSE: FCX)
CopperThe Mosaic Company (NYSE: MOS)
The Mosaic CompanyWith the Senate finally voting to approve a $1 trillion bipartisan infrastructure bill on Tuesday, investors are continuing to see money rotate into some of the sectors of the market that stand to benefit the most. The legislation includes roughly $550 billion in new funding for transportation, broadband internet, and utilities and could be a nice catalyst for certain stocks. The materials sector, in particular, is intriguing given that it includes many of the companies poised to play a big role in repairing the infrastructure of the United States.
Materials stocks generally don’t attract as much attention from investors as other areas of the market, but that doesn’t mean they don’t belong in your portfolio. This is particularly true when you consider the large amount of government spending that will take place over the next few years. All of this adds up to opportunity in the materials sector, which is why we’ve put together a brief overview of the top 3 materials stocks to buy now. Let’s take a deeper look below.
Nucor (NYSE: NUE)
NucorFreeport-McMoRan (NYSE: FCX)
CopperThe Mosaic Company (NYSE: MOS)
The Mosaic CompanyThe rest of this article is locked.
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