3 High-Yield Basic Materials Stocks to Add to Your Portfolio

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With the reopening of manufacturing and industrial operations, the demand for basic materials is expected to continue rising in the near term. Also, the White House’s proposed American infrastructure plan is likely to raise commodity prices further, owing to global supply constraints. In addition to these positives, because many basic materials companies pay substantial dividends, this industry offers solid investment opportunities amid troublesome market volatility and fluctuating Treasury yields.

We think high-yield basic materials stocks Rio Tinto Group (RIO), Fortescue Metals Group Limited (OTC:FSUGY), and Sibanye-Stillwater Ltd. (SBSW) are ideal investment bets now.

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