Is Atlas Copco (ATLKY) Stock Outpacing Its Industrial Products Peers This Year?

Group 1 - Atlas Copco AB is part of the Industrial Products group, which ranks 8 within the Zacks Sector Rank, consisting of 16 different sector groups [2] - The Zacks Rank system indicates that Atlas Copco AB has a current rank of 2 (Buy), suggesting a favorable outlook for the stock [3] - Over the past 90 days, the Zacks Consensus Estimate for Atlas Copco AB's full-year earnings has increased by 1.8%, reflecting improved analyst sentiment [4] Group 2 - Year-to-date, Atlas Copco AB has returned approximately 17.8%, outperforming the average gain of 5.6% for Industrial Products stocks [4] - Atlas Copco AB belongs to the Manufacturing - General Industrial industry, which includes 41 companies and currently ranks 156 in the Zacks Industry Rank [6] - Stocks in the Manufacturing - General Industrial industry have gained an average of 6.8% this year, indicating that Atlas Copco AB is performing better than its peers [6]