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Companies operating in the materials space provide a lifeline to a variety of industrial businesses. Materials companies typically develop chemicals and manufacture construction materials as well as paper products. High interest rates, brought upon by persistent inflationary pressures, have broadly taken a toll on revenue growth and profit margins of material stocks. In particular, elevated rates have disincentivized spending on new automobiles and made construction companies and their real esta...
>>> Read more: The 3 Most Undervalued Materials Stocks to Buy in June 2024
>>> Read more: The 3 Most Undervalued Materials Stocks to Buy in June 2024