14 Best Basic Materials Stocks To Buy Now

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1. Teck Resources Ltd. (NYSE:TECK)

Number of Hedge Fund Holders: 79

Teck Resources Ltd. (NYSE:TECK) is one of the best basic materials stocks to buy now according to hedge funds. A total of 79 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in Teck Resources Ltd. (NYSE:TECK) as of the end of the second quarter.

Recently, Teck Resources Ltd. (NYSE:TECK) fell after Reuters reported that India’s JSW Steel’s plans to potentially buy a stake in the company’s steelmaking coal unit are losing steam after the latest spat between India and Canada.

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Disclosure: None. 13 Best American Energy Stocks To Buy Now is originally published on Insider Monkey.

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