Here's Why You Should Add ICL Group Stock to Your Portfolio Now

Group 1: Company Overview - ICL Group Ltd. is focused on expanding its innovative product range while implementing targeted cost and efficiency initiatives [1] - The company is currently rated as Zacks Rank 1 (Strong Buy), indicating positive prospects for investment [1] Group 2: Stock Performance - ICL has outperformed its industry over the past year, with shares rallying 8% compared to a 7.9% decline in the industry [2] - Earnings estimates for ICL for 2024 and 2025 have increased, with a rise of 8.8% for 2024 and 2.4% for 2025 over the past 60 days [3] Group 3: Earnings and Guidance - ICL has consistently outperformed the Zacks Consensus Estimate in the last four quarters, with an average earnings surprise of 18.1% [4] - The company raised its full-year 2024 outlook, projecting specialties-driven EBITDA of $0.95-$1.05 billion, up from the previous estimate of $0.8-$1 billion [5] Group 4: Product Innovations - ICL recently launched VeriQuel R100, a phosphorus-based flame retardant for rigid polyurethane insulation products, enhancing fire safety without compromising performance [6] - The company is also investing in sustainable food-sector solutions, such as the Rovitaris Binding Solution, to meet evolving customer demands [8]