It's no secret that the Tech sector has taken a beating of late.
It's something I foresaw based on several factors like huge sensitivity to interest rates… divergence between price and oscillators… and, most importantly, internals that are telling us momentum levels are at a multi-decade high.
But during uncertain and highly volatile periods, there's one sector that continues to make new highs. And I see the trend continuing over the next few quarters — especially with the inflationary pressure we're seeing...
So I've handpicked the best basic materials stocks to give you today that tend to rise when inflation is present. But the best part is that both of these names make great hedges against inflationary pressure, which is exactly what caused tech stocks to go down in the first place!
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