Top 2 Materials Stocks That May Fall Off A Cliff This Quarter
Benzinga·2025-12-05 17:29

Core Insights - Two stocks in the materials sector are identified as potentially overbought, which may concern momentum-focused investors [1] Company Summaries - Nucor Corp (NYSE:NUE): - Recently promoted Steve Laxton to president and COO, highlighting his leadership and strategic vision [7] - Stock performance: gained approximately 12% over the past month, with a 52-week high of $166.26 [7] - RSI Value: 70.1, indicating it is nearing overbought territory [7] - Recent price action: shares fell 1.3% to close at $162.54 [7] - Edge Stock Ratings: Momentum score of 91.92 and Value score of 93.51 [7] - Ashland Inc (NYSE:ASH): - Reported disappointing quarterly results, but maintained strong margins and delivered revenue and EBITDA in line with prior guidance [7] - Stock performance: gained around 15% over the past month, with a 52-week high of $78.12 [7] - RSI Value: 71.4, indicating it is overbought [7] - Recent price action: shares rose 0.1% to close at $58.29 [7]