Time to Buy These Top-Rated Basic Materials Stocks Amid an Uptick in Inflationary Data

An uptick in inflation can of course be beneficial to many basic materials companies as they are often able to capitalize on higher commodity prices.Markets have remained resilient despite February’s CPI (Consumer Price Index) and PPI (Producer Price Index) data coming in hotter than anticipated but it may be time to consider buying several highly ranked basic materials stocks and here are a few to consider.Balchem (BCPC) Boasting a Zacks Rank #1 (Strong Buy) we’ll start with Balchem Corporation which provi ...