5 Best Materials Stocks To Invest In

Page 1 of 5

In this article, we will take a look at the 5 best materials stocks to invest in. To see more such companies, go directly to 15 Best Materials Stocks to Invest In.

5. United States Steel Corporation (NYSE:X)

Number of Hedge Fund Holders: 54

The United States Steel Corporation (NYSE:X), commonly referred to as U.S. Steel, is an American integrated steel producer headquartered in Pittsburgh, Pennsylvania. Its primary production operations are located in the United States of America and Central Europe. The company is presently enlarging its manufacturing capacity to fulfill the requirements of electric vehicles, having inaugurated a new facility in Arkansas in October for this purpose.

As of September 2023, 54 out of the 910 hedge funds surveyed by Insider Monkey had held a stake in United States Steel Corporation (NYSE:X). In the same quarter, David Greenspan’s Slate Path Capital was the largest stakeholder in our database due to its $233.5 million investment.

Page 1 of 5