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Is CF Industries (CF) Outperforming Other Basic Materials Stocks This Year?
CFCF(US:CF) ZACKSยท2024-09-23 14:47

Group 1 - CF Industries is a member of the Basic Materials sector, which includes 236 individual stocks and holds a Zacks Sector Rank of 15 [1] - CF Industries has a Zacks Rank of 2 (Buy), indicating a favorable earnings outlook [1] - Over the past three months, the Zacks Consensus Estimate for CF's full-year earnings has increased by 19.1%, reflecting stronger analyst sentiment [2] Group 2 - CF Industries has returned approximately 2.7% year-to-date, outperforming the Basic Materials sector, which has lost an average of 2.6% [2] - CSW Industrials, another Basic Materials stock, has significantly outperformed the sector with a return of 72.9% since the beginning of the year [2] - CF Industries belongs to the Fertilizers industry, which has lost an average of 18.8% year-to-date, indicating that CF is performing better than its industry peers [3] Group 3 - CSW Industrials is part of the Chemical - Specialty industry, which has a year-to-date decline of 16.7% [3] - Both CF Industries and CSW Industrials are showing solid performance, suggesting they are worth monitoring for investors interested in Basic Materials stocks [3]