3 Materials Stocks to Sell in May Before They Crash & Burn
AAAlcoa(AA) InvestorPlace·2024-05-10 01:47

The materials sector, which encompasses companies producing raw materials and basic resources, has recently been on a rollercoaster ride. While the sector benefited from the post-pandemic economic recovery and increased demand for commodities, the tides have started to turn for these materials stocks to sell.As we traverse through May, several warning signs are flashing red for materials stocks. Firstly, interest rates have reached record highs, with the Federal Reserve not backing down on lowering rates fo ...