Top 3 Materials Stocks That May Fall Off A Cliff In January
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Overbought Stocks in Materials Sector: As of January 24, 2025, three stocks in the materials sector—Gold Fields Ltd (GFI), Air Products and Chemicals Inc (APD), and Summit Materials Inc (SUM)—are identified as overbought based on their RSI values, indicating potential caution for momentum-focused investors.
Recent Performance Highlights: Gold Fields has seen a significant price increase with an RSI of 75.9, Air Products raised its dividend while maintaining an RSI of 73.5, and Summit Materials is set for acquisition by Quikrete, holding an RSI of 71.1.
Analyst Views on APD
Wall Street analysts forecast APD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for APD is 310.71 USD with a low forecast of 260.00 USD and a high forecast of 375.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
10 Buy
3 Hold
1 Sell
Moderate Buy
Current: 265.980
Low
260.00
Averages
310.71
High
375.00
Current: 265.980
Low
260.00
Averages
310.71
High
375.00
About APD
Air Products and Chemicals, Inc. is an industrial gases company. The Company is focused on serving energy, environmental, and emerging markets. Its base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. In addition, the Company provides turbomachinery, membrane systems and cryogenic containers globally. The Company has operations in approximately 50 countries. Its industries include aerospace, analytical labs & research/science, automotive, beverages, bioenergy, biotechnology, cement and lime, chemicals, electronics, food, glass and frit, hydrogen energy, medical, metals and materials processing, metals production, medical and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
