Here's Why Nextracker (NXT) Gained But Lagged the Market Today

The the stock of solar energy equipment supplier has fallen by 17.99% in the past month, lagging the OilsEnergy sector's loss of 11.98% and the S&P 500's gain of 4.44%. Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the indivi ...