Has Aeva Technologies (AEVA) Outpaced Other Auto-Tires-Trucks Stocks This Year?

Group 1 - Aeva Technologies, Inc. is currently outperforming its peers in the Auto-Tires-Trucks sector with a year-to-date return of 54.1%, while the sector average is -18.4% [4] - The Zacks Consensus Estimate for Aeva's full-year earnings has increased by 20.7% in the past quarter, indicating a stronger analyst sentiment and improving earnings outlook [4] - Aeva Technologies, Inc. holds a Zacks Rank of 2 (Buy), suggesting it has favorable characteristics to outperform the market in the near term [3] Group 2 - Aeva Technologies, Inc. is part of the Automotive - Original Equipment industry, which has seen a year-to-date loss of about 5.9%, indicating that Aeva is performing better than its industry peers [6] - Another stock in the Auto-Tires-Trucks sector, Michelin, has a year-to-date return of 9.6% and also holds a Zacks Rank of 2 (Buy) [5] - The Rubber - Tires industry, which includes Michelin, has performed well with a year-to-date increase of 22.2% [6]