Here’s a Bullish Sign for These Basic Materials Stocks

Following is a list of 10 companies in the Basic Materials sector whose stocks are trading above their 50-day moving average.  Criteria for this screen are:

  • The shares trade on an American exchange.
  • Market capitalization is at least $1 billion.
  • The sector in which the company operates is Basic Materials.  The Basic Materials sector includes all companies that operate in the following industries: Chemicals, Metals & Mining, Construction Materials, Paper & Forest Products, and Containers & Packaging.

Our screen returned 27 companies in this sector.  The 10 that follow have the highest percentage price change of their 50-day average.  As should be expected for momentum trades of this type, the stocks trading the highest above their 50-day moving average tend to be relatively smaller companies.

  • Valhi, Inc. (NYSE:VHI): This company has a market capitalization of $5,398,383,000. The stock last traded at $47.71, which is 24.28% above its 50-day moving average. About the company:  Valhi, Inc. is involved in the titanium dioxide pigments, component products, titanium metals products, and waste management industries. The Company produces titanium dioxide pigments, titanium metals products, ergonomic computer support systems, and precision ball bearing slides. Valhi also owns and operates a facility for the processing, treatment, and disposal of hazardous wastes.
  • Temple-Inland, Inc. (NYSE:TIN): This company has a market capitalization of $3,198,494,000. The stock last traded at $29.53, which is 18.09% above its 50-day moving average. About the company:  Temple-Inland Inc. manufactures paper, corrugated packaging, and building products. Temple-Inland’s products include linerboard, lumber, particleboard, and fiberboard.
  • Terra Nitrogen Company, L.P. (NYSE:TNH): This company has a market capitalization of $2,533,791,000. The stock last traded at $136.95, which is 14.38% above its 50-day moving average. About the company:  Terra Nitrogen Company, L.P., through its subsidiaries, markets and produces nitrogen, fertilizer, crop protection products, and seed and services for agricultural, turf, ornamental, and other growers. The Company also produces nitrogen products and methanol for industrial customers.
  • CVR Partners LP (NYSE:UAN): This company has a market capitalization of $1,649,800,000. The stock last traded at $22.60, which is 14.33% above its 50-day moving average. About the company:  The company makes nitrogen fertilizers. From its fertilizer manufacturing facility in Kansas, CVR Partners produces ammonia and urea ammonia nitrate (UAN). The company sells ammonia to agricultural and industrial customers such as Brandt Consolidated, Interchem and National Cooperative Refinery Association and provides UAN products to retailers and distributors.
  • H.B. Fuller Company (NYSE:FUL): This company has a market capitalization of $1,189,948,000. The stock last traded at $24.11, which is 11.69% above its 50-day moving average. About the company:  H.B. Fuller Company manufactures and markets adhesives, sealants, coatings, paints, and other specialty chemical products worldwide. The Company’s adhesives, sealants, and coatings are sold in many different formulations to a number of industries. H.B. Fuller also produces powder coatings, paints, and mastics.
  • Innophos Holdings, Inc. (NASDAQ:IPHS): This company has a market capitalization of $1,071,662,000. The stock last traded at $49.38, which is 9.45% above its 50-day moving average. About the company:  Innophos Holdings, Inc., through a subsidiary, produces phosphate salts, acids, and related products. Specialized phosphate salts are used in foods, beverages, pharmaceuticals, oral care products, and other products; purified phosphoric acid is used in water and metal treatment applications; and technical sodium tripolyphosphate is used in detergents. The Company also produces fertilizers.
  • Graham Packaging Company Inc (NYSE:GRM): This company has a market capitalization of $1,658,817,000. The stock last traded at $25.25, which is 8.91% above its 50-day moving average. About the company:  Graham Packaging Co Inc., designs, manufactures, and sells customized blow molded plastic containers. The Company serves the branded food and beverage, household and personal care, and automotive lubricants markets through plants located throughout North America.
  • OM Group, Inc. (NYSE:OMG): This company has a market capitalization of $1,214,096,000. The stock last traded at $39.16, which is 7.16% above its 50-day moving average. About the company:  OM Group, Inc. produces and markets value-added metal-based specialty chemicals and powders. The Company supplies metal carboxylates, inorganic metal salts, and metal powders for diverse applications to a variety of industries. OM’s products are used to manufacture coatings, custom catalysts, liquid detergents, lubricants, fuel additives, colorants, and rechargeable batteries.
  • Carpenter Technology Corporation (NYSE:CRS): This company has a market capitalization of $2,338,777,000. The stock last traded at $53.13, which is 6.34% above its 50-day moving average. About the company:  Carpenter Technology Corporation manufactures, fabricates, and distributes stainless steels, titanium, and specialty metal alloys. Carpenter processes basic metal alloying elements into finished products such as billets, bars, rods, and various special shapes. The Company also manufactures engineered products such as ceramics and metal injected molded designs.
  • Amyris Inc (NASDAQ:AMRS): This company has a market capitalization of $1,309,594,000. The stock last traded at $29.40, which is 5.77% above its 50-day moving average. About the company:  Amyris, Inc. is a renewable products company. The Company provides alternatives to select petroleum-sourced products used in specialty chemical and transportation fuel markets worldwide. Amyris is developing Brazilian sugarcane as its primary feedstock.

(Note: Selected financial data are sourced from screener.co.  All data are assumed to be accurate.)

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