Are Basic Materials Stocks Lagging Avient (AVNT) This Year?

Company Performance - Avient (AVNT) has shown a year-to-date performance increase of approximately 17.7%, significantly outperforming the Basic Materials sector, which has returned an average of 1.3% [2][3] - The Zacks Consensus Estimate for Avient's full-year earnings has risen by 1.8% over the past quarter, indicating improved analyst sentiment and a positive earnings outlook [2] - Avient is currently ranked 2 (Buy) in the Zacks Rank system, suggesting strong potential for future performance [2] Industry Comparison - Avient operates within the Chemical - Diversified industry, which consists of 29 stocks and currently holds a Zacks Industry Rank of 190, with an average gain of 3.1% this year [3] - Hecla Mining (HL), another stock in the Basic Materials sector, has outperformed with a year-to-date increase of 34.1% and is ranked 1 (Strong Buy) in the Zacks Rank system [2][3] - The Mining - Silver industry, to which Hecla Mining belongs, is currently ranked 80 and has experienced a year-to-date increase of 31.5% [3]