Are Construction Stocks Lagging ChampionX (CHX) This Year?

Group 1: Company Overview - ChampionX (CHX) is a notable stock in the Construction sector, which consists of 87 individual stocks and ranks 16 in the Zacks Sector Rank [2] - ChampionX currently holds a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] Group 2: Performance Metrics - Year-to-date, ChampionX has returned approximately 8.6%, significantly outperforming the average loss of 5.1% in the Construction sector [4] - Another outperforming stock in the sector is Cavco (CVCO), which has returned 16.2% year-to-date [4] Group 3: Earnings Estimates - The Zacks Consensus Estimate for ChampionX's full-year earnings has increased by 0.9% over the past quarter, reflecting improved analyst sentiment [3] - ChampionX is part of the Engineering - R and D Services industry, which has seen an average loss of 17.1% this year, further highlighting CHX's strong performance [5] Group 4: Industry Context - The Engineering - R and D Services industry, which includes ChampionX, is currently ranked 172 in the Zacks Industry Rank [5] - In contrast, Cavco operates in the Building Products - Mobile Homes and RV Builders industry, which has a better ranking at 81 and has increased by 9.2% since the beginning of the year [6]