Any strong, ductile engineering material is the best material for building a yacht hull.
For example (in no particular order) steel, timber, glass-reinforced plastic, foam-sandwich, concrete, aluminium (US aluminum) or even iron. Or, as has been noted, any reasonable composite.
As for "what would be the best for a 40 - 80 ft yacht and why?" ...
That is all down to the particular specification. Which is a sort of 'agreement' between the owner and the architect. (Sometimes one-and-the-same).
A medium-sized article might scratch the surface. And given such a huge range in specified LOA (40 - 80 ft) would doubtless be hugely narrowed-down in earlier discussions anyway.
Ultimately, what the architect wants to know is: What displacement? What is the proposed use for the vessel? What are its operating waters and seasons? And, how much do you want to spend?