Large Cap Basic Materials Stocks Dropping Over 10% This Year

Wall St. Watchdog uncovers companies in the Basic Material sector whose stock price has declined by more than 10% year-to-date.  The minimum market capitalization is $1 billion.

  • Freeport-McMoRan Copper + Gold Inc. (NYSE:FCX): This company’s stock has declined by -11.80% year-to-date, and it recently traded at $52.96. Its market capitalization is $50,169,820,000. About the company: Freeport-McMoRan Copper & Gold Inc., through its subsidiary, is a copper, gold and molybdenum mining company. The Company primarily mines for copper and owns mining interests in Chile and Indonesia. Freeport-McMoRan Copper & Gold also, through a subsidiary, is involved in smelting and refining of copper concentrates. Freeport-McMoran Copper and Gold Inc. Earnings: Strong Revenue Helps Net Income>>
  • Nucor Corporation (NYSE:NUE): This company’s stock has declined by -11.25% year-to-date, and it recently traded at $38.89. Its market capitalization is $12,291,650,000. About the company: Nucor Corporation manufactures steel products. The Company’s products include carbon and alloy steel, steel joists, steel deck, cold finished steel, steel grinding balls, steel bearing products, and metal buildingsystems. Nucor also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap.
  • United States Steel Corporation (NYSE:X): This company’s stock has declined by -31.55% year-to-date, and it recently traded at $39.99. Its market capitalization is $5,758,415,000. About the company: United States Steel Corporation is an integrated steel producer with production operations in North America and Europe. The Company’s operations include coke production in both North America and Europe and iron ore pellets in North America, transportation services (railroad and barge operations), real estate operations, and engineering and consulting services in North America.
  • Owens-Illinois, Inc. (NYSE:OI): This company’s stock has declined by -24.53% year-to-date, and it recently traded at $23.17. Its market capitalization is $3,804,529,000. About the company: Owens-Illinois, Inc. manufactures glass packaging products. The Company produces glass containers for malt beverages, including beer and ready-to-drink low-alcohol refreshers, liquor, wine, food, tea, juice and pharmaceuticals. Owens-Illinois sells its products to customers around the world.
  • Sealed Air Corp. (NYSE:SEE): This company’s stock has declined by -15.40% year-to-date, and it recently traded at $21.53. Its market capitalization is $3,448,123,000. About the company: Sealed Air Corporation manufactures a wide range of packaging and performance-based materials and equipment systems. The Company’s products serve an array of food, industrial, medical, and consumer applications.
  • Avery Dennison Corporation (NYSE:AVY): This company’s stock has declined by -25.48% year-to-date, and it recently traded at $31.55. Its market capitalization is $3,371,904,000. About the company: Avery Dennison Corporation develops, manufactures, and markets pressure-sensitive materials, office products and a variety of tickets, tags, labels and other converted products. The Company also manufacture a variety of office products and other converted products, as well as binders, organizing systems, markers, fasteners, and business forms, and other products.
  • Compass Minerals International, Inc. (NYSE:CMP): This company’s stock has declined by -11.80% year-to-date, and it recently traded at $78.74. Its market capitalization is $2,588,528,000. About the company: Compass Minerals International, Inc. produces highway deicing salt in North America and the United Kingdom. The Company also produces general trade salt and sulfate of potash. Compass Minerals sells its highway deicing salt primarily to state, provincial, county, and municipal highway departments for deicing applications.
  • Intrepid Potash, Inc. (NYSE:IPI): This company’s stock has declined by -10.83% year-to-date, and it recently traded at $33.25. Its market capitalization is $2,500,001,000. About the company: Intrepid Potash, Inc. mines and markets potash for use as a fertilizer. The Company also markets langbeinite.
  • Hecla Mining Company (NYSE:HL): This company’s stock has declined by -30.99% year-to-date, and it recently traded at $7.77. Its market capitalization is $2,169,346,000. About the company: Hecla Mining Company explores, develops, and mines precious metals, gold and silver. The Company has operations in the United States and Mexico.
  • Commercial Metals Company (NYSE:CMC): This company’s stock has declined by -12.54% year-to-date, and it recently traded at $14.51. Its market capitalization is $1,676,392,000. About the company: Commercial Metals Company and its subsidiaries manufacture, recycle, and market steel and metal products and related materials. The Company markets and trades primary and secondary metals, steel, ores, concentrates, industrial minerals, ferroalloys, chemicals, and other materials used in a variety of industries.

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

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