Group 1: Company Overview - Garrett Motion (GTX) is a stock within the Auto-Tires-Trucks sector, which consists of 99 individual stocks and currently holds a Zacks Sector Rank of 9 [2] - GTX has a Zacks Rank of 1 (Strong Buy), indicating strong analyst sentiment and a positive earnings outlook, with a 4.1% increase in the consensus estimate for full-year earnings over the past three months [3] Group 2: Performance Comparison - Year-to-date, Garrett Motion has gained approximately 89%, significantly outperforming the Auto-Tires-Trucks sector's average return of 4.1% [4] - Another stock in the sector, LCI (LCII), has also outperformed the sector with a year-to-date return of 5.3% [4] Group 3: Industry Context - Garrett Motion is part of the Automotive - Original Equipment industry, which includes 51 companies and currently ranks 89 in the Zacks Industry Rank; stocks in this industry have gained about 2.5% year-to-date, indicating GTX's superior performance within this group [6] - LCI is also included in the Automotive - Original Equipment industry [6] Group 4: Future Outlook - Investors interested in Auto-Tires-Trucks stocks are encouraged to monitor Garrett Motion and LCI as they aim to maintain their strong performance [7]
Are Auto-Tires-Trucks Stocks Lagging GARRETT MOTION (GTX) This Year?