Has POSCO (PKX) Outpaced Other Basic Materials Stocks This Year?

Group 1 - Posco is a member of the Basic Materials sector, which includes 232 individual stocks and holds a Zacks Sector Rank of 5 [2] - Posco currently has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - Over the past 90 days, the Zacks Consensus Estimate for Posco's full-year earnings has increased by 2.9%, reflecting improved analyst sentiment [3] Group 2 - Year-to-date, Posco has gained approximately 7.2%, outperforming the Basic Materials sector average gain of 4.3% [4] - Salzgitter AG is another stock in the Basic Materials sector that has significantly outperformed, with a return of 58.7% since the beginning of the year [4] - In the Steel - Producers industry, which includes 18 stocks, Posco is ranked 29 in the Zacks Industry Rank and has slightly underperformed the industry average gain of 9.4% this year [6] Group 3 - Both Posco and Salzgitter AG are expected to continue their solid performance, making them noteworthy for investors interested in Basic Materials stocks [7]