Group 1 - ChampionX (CHX) is a notable stock in the Construction sector, currently ranked 16 in the Zacks Sector Rank, which evaluates 16 different sector groups [2] - The Zacks Rank system indicates that ChampionX has a Zacks Rank of 2 (Buy), with a 3% increase in the consensus estimate for its full-year earnings over the past 90 days, reflecting improved analyst sentiment [3] - Year-to-date, ChampionX has returned approximately 9.9%, significantly outperforming the average return of -9.9% for the Construction sector [4] Group 2 - ChampionX is part of the Engineering - R and D Services industry, which includes 16 stocks and is currently ranked 39 in the Zacks Industry Rank; this industry has seen a loss of about 18.3% year-to-date, indicating that CHX is performing better than its peers [5] - Another stock in the Construction sector, Cavco (CVCO), has a year-to-date return of 15.2% and a Zacks Rank of 1 (Strong Buy), with a 21.8% increase in its consensus EPS estimate over the past three months [4][5] - The Building Products - Mobile Homes and RV Builders industry, to which Cavco belongs, is ranked 44 and has experienced a -2.6% return since the beginning of the year [6]
Is ChampionX (CHX) Outperforming Other Construction Stocks This Year?