Company Performance - Nextracker (NXT) has shown a year-to-date performance increase of approximately 38%, significantly outperforming the average gain of 4.1% in the Oils-Energy sector [4] - The Zacks Consensus Estimate for Nextracker's full-year earnings has risen by 19.9% over the past three months, indicating a positive shift in analyst sentiment and earnings outlook [4] - TXO Partners LP (TXO) has also outperformed the sector with a year-to-date return of 10.4% and a consensus EPS estimate increase of 17.5% over the last three months [5] Industry Ranking - The Oils-Energy group is currently ranked 6 within the Zacks Sector Rank, which evaluates 16 different groups based on the average Zacks Rank of individual stocks [2] - Nextracker belongs to the Solar industry, which is ranked 37 in the Zacks Industry Rank, while the Solar industry has seen a slight decline of about 0.4% year-to-date [6] - TXO Partners LP is part of the Energy and Pipeline - Master Limited Partnerships industry, which is ranked 14 and has experienced a year-to-date increase of 6.8% [6] Investment Outlook - Investors are encouraged to monitor Nextracker and TXO Partners LP as they continue to demonstrate strong performance within the Oils-Energy sector [7]
Is Nextracker Inc. (NXT) Outperforming Other Oils-Energy Stocks This Year?