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Is Central Puerto (CEPU) Stock Outpacing Its Oils-Energy Peers This Year?
Central PuertoCentral Puerto(US:CEPU) ZACKS·2024-09-05 14:41

Group 1 - Central Puerto S.A. Sponsored ADR (CEPU) is a notable stock in the Oils-Energy sector, currently outperforming the sector with a year-to-date gain of 3.6% compared to the sector average of 1.8% [4] - CEPU has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook and strong analyst sentiment, with the consensus estimate for full-year earnings increasing by 66.7% in the past quarter [3][4] - The company is part of the Alternative Energy - Other industry, which has gained an average of 20.9% this year, suggesting that CEPU is slightly underperforming its specific industry [6] Group 2 - Pedevco Corp. (PED) is another stock in the Oils-Energy sector that has outperformed, with a year-to-date increase of 23.1% and a Zacks Rank of 1 (Strong Buy) [5][7] - The Oil and Gas - Mechanical and Equipment industry, to which Pedevco belongs, has seen a modest gain of 2.3% since the beginning of the year, ranking 72 among industries [7]