Even as the broader market has rebounded from its October slump, a few sectors remain in correction territory, and value plays have emerged from the summer’s frothy market. Shares of companies in the materials sector have plunged 13.1% so far this year, the worst performance among the 11 sectors. Within materials, chemicals have underperformed on geopolitical and macroeconomic worries but these products are the building blocks of the economy. —Recommended Link— The Only Pot Stock Worth Owning This summer, Canada will completely legalize cannabis for medical and recreational use — sparking an $8 BILLION industry. Our experts have their… Read More
Even as the broader market has rebounded from its October slump, a few sectors remain in correction territory, and value plays have emerged from the summer’s frothy market. Shares of companies in the materials sector have plunged 13.1% so far this year, the worst performance among the 11 sectors. Within materials, chemicals have underperformed on geopolitical and macroeconomic worries but these products are the building blocks of the economy. —Recommended Link— The Only Pot Stock Worth Owning This summer, Canada will completely legalize cannabis for medical and recreational use — sparking an $8 BILLION industry. Our experts have their sights on a company that’s been granted a virtual monopoly by the Canadian government – a moat that would make Warren Buffett jealous. Get in early on this exceptional triple-digit opportunity before the law goes into effect. Click here to learn more. There are already signs of a rebound with 3Q earnings from chemicals producers one of the few bright spots this season. While geopolitical worries may drag for a few more quarters, this could be the contrarian play of the year and the best time to position in these value plays could be now. Why Basic Materials Are Taking… Read More