Are Aerospace Stocks Lagging Axon Enterprise (AXON) This Year?

Group 1 - Axon Enterprise is part of the Aerospace group, which consists of 51 companies and is currently ranked 6 in the Zacks Sector Rank [2] - The Zacks Rank system indicates that Axon Enterprise has a Zacks Rank of 2 (Buy), suggesting a favorable outlook for the stock [3] - Over the past 90 days, the Zacks Consensus Estimate for Axon's full-year earnings has increased by 2.2%, indicating improved analyst sentiment [4] Group 2 - Year-to-date, Axon Enterprise has returned approximately 9.7%, significantly outperforming the average return of 2.9% for Aerospace companies [4] - In comparison, RTX has achieved a year-to-date return of 11.4% and also holds a Zacks Rank of 2 (Buy) [5] - Axon Enterprise belongs to the Aerospace - Defense Equipment industry, which includes 26 companies and has an average gain of 1.1% this year, further highlighting Axon's strong performance [6] Group 3 - Investors should monitor both Axon Enterprise and RTX for potential continued strong performance in the Aerospace sector [7]