Are Basic Materials Stocks Lagging Carpenter Technology (CRS) This Year?
Harmony Gold (HMY) is another Basic Materials stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 51.7%. Over the past three months, Harmony Gold's consensus EPS estimate for the current year has increased 41.4%. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Carpenter Technology belongs to the Steel - Speciality industry, which includes 6 individual stocks and currently sits at #35 in the Zacks Industry Rank. Thi ...