3 Basic Materials Stocks That Are Better Buys Than Cleveland-Cliffs Right Now
Despite the macroeconomic headwinds and lingering recession fears, demand for basic materials is expected to remain high thanks to rising manufacturing and construction activities and the infrastructure bill. While basic material stock Cleveland-Cliffs (CLF) is not well-positioned to capitalize on the industry tailwinds, one could invest in quality players Nucor Corp. (NUE), Steel Dynamics (STLD),…