YTD Performance: +7%
Slumping commodities prices have been weighing on the materials sectors as well, with the Materials SPDR (XLB) gaining under 4% year-to-date and the overall sector forecast to post a 7% decline on average in Q2 earnings.
With that in mind, the 7% YTD climb Airgas (ARG) has put up — while unimpressive compared to the rest of this list — is still something to be proud of.
Airgas describes itself as “known locally nationwide” thanks to its footprint of more than 1,100 locations across the U.S. In fact, it is the leading U.S. producer of atmospheric gases, one of the largest U.S. suppliers of safety products, and a leading U.S. supplier of refrigerants, ammonia products and process chemicals.
That status has paid off. ARG currently boasts 12 consecutive quarters of revenue and earnings growth, along with a yield just shy of 2%.