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Quarter-End Insights

Our Outlook for Basic Materials Stocks

Uncertainty surrounding OECD recovery prospects and China's breakneck growth promises big stock volatility in the third quarter.

Daniel Rohr, CFA

Jun 29, 2010

Mentioned: First Quantum Minerals Ltd (FM) , Xstrata PLC (XTA) , thyssenkrupp AG (TKA) , Cloud Peak Energy Inc (CLDPQ) , Nucor Corp (NUE) , ArcelorMittal SA (MT) , Monsanto Co (MON) , Massey Energy Company (MEE) , Vulcan Materials Co (VMC) , Freeport-McMoRan Inc (FCX)

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European fiscal tightening casts doubts on the strength of the OECD recovery.
China's efforts to cool its property market could hamstring demand for some industries.
Pending government tax, trade, currency, and regulatory decisions will play a decisive role in picking the winners and losers in this highly uncertain time.

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Daniel Rohr does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

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