💡 4 Materials Stocks To Hedge Your Portfolio (Wednesday Bonus List)
Wednesday BONUS Theme List (PAID Version)
💡 4 Materials Stocks To Hedge Your Portfolio
Published Thursday, April 12th, 7AM ET
NOT financial advice. Info for Education/Research/Entertainment purposes only.
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On Wednesdays we apply our Stock Watchlist Weekly proprietary algorithm to a specific theme or category that traders and investors might want to consider. As with the primary Sunday newsletter, these lists include stocks that have been screened through an array of fundamental and technical data points to find the top ones with market-beating short- and long-term potential.
As always, the algorithm is limited to assessing substantial public companies: NYSE or NASDAQ listed; highly liquid; optionable; share price under $500.
💡 This Week’s Analysis: Mid-April is typically the start of a strong seasonal uptrend for Materials stocks, so this week we ran the algorithm on this sector. Investing in the Materials (Natural Resources) sector stocks can offer several potential benefits for investors. First and foremost, this sector is driven by the global demand for essential resources such as metals, minerals, and timber, which are vital components for numerous industries. Additionally, investments in the Materials sector can serve as a hedge against inflation, as prices of natural resources tend to increase during inflationary periods. Diversification is another advantage, as this sector often demonstrates low correlation with other asset classes. Finally, with the global shift towards sustainability and clean energy, innovative companies within the sector are developing new materials and processes that have the potential to yield significant returns for investors. The SWW algorithm returned the following 4 companies as the ones in this sector poised for the best possible returns.
💡 This Week’s List:
RS - Reliance Steel & Aluminum Co
Sector/Industry/Sub-Industry: Materials / Metals & Mining / Steel
Market Cap: $14.673B
Dividend Yield: 1.626%
Company Description: Leading metals service center company that provides a wide range of metal products and processing services to various industries.
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