Basic Materials

[pjmalcolm1]

Who here can explain why the basic material industry has had such a great year. Experienced investors only.

 

[Longhorns]

Quote from pjmalcolm1:

Experienced investors only.

That rules out 95% of ET.

 

[HolyGrail]

Demand for basic materials from india and china. End of story.

 

[silk]

(1) PE's very low. Which means they are LBO/takeover bait.

(2) Insane buybacks within sector

(3) Foreign investors i think find comfort in the sector as they are not buying America but rather World growth.

These are my theories.

 

[stupididiot]

Quote from Longhorns:

That rules out 95% of ET.

He didn't specify profitable or not.

 

[stock_trad3r]

There is an unspoken rule that the less profitable you are the more experience you have here.