Is International Paper (IP) Outperforming Other Basic Materials Stocks This Year?

Group 1 - International Paper (IP) is currently outperforming its peers in the Basic Materials sector with a year-to-date performance increase of approximately 20.7% [2] - The Zacks Consensus Estimate for IP's full-year earnings has increased by 4.8% over the past quarter, indicating improved analyst sentiment [2] - The Basic Materials sector, which includes 238 stocks, has an average loss of about 1.2% year-to-date, highlighting IP's strong performance relative to the sector [2][3] Group 2 - International Paper is part of the Paper and Related Products industry, which consists of 12 stocks and currently ranks 70 in the Zacks Industry Rank [3] - The Paper and Related Products industry has experienced a loss of about 11.7% year-to-date, further emphasizing IP's superior performance within its industry [3] - Eldorado Gold Corporation, another outperforming stock in the Basic Materials sector, has increased by 27.6% year-to-date and belongs to the Mining - Gold industry, which is ranked 57 [2][3]