For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Bloom Energy (BE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Bloom Energy is a member of our Oils-Energy group, which includes 241 different companies and currently sits at #7 in the Zacks Sector Rank ...

Core Insights - Zacks Premium offers various tools for investors, including daily updates on stock rankings and industry performance, aimed at long-term investment success [1][2] Focus List Overview - The Zacks Focus List is a curated portfolio of 50 stocks designed for long-term investors, expected to outperform the market over the next 12 months [3] - Each stock in the Focus List is supported by a full Zacks Analyst Report, detailing the rationale behind its selection [4] Performance Metrics - In 2020, the Focus List achieved an annualized gain of 13.85%, outperforming the S&P 500's return of 9.38% - Cumulatively, from February 1, 1996, to March 31, 2021, the Focus List returned 2,519.23%, while the S&P 500 returned 854.95% [5] Methodology - The selection process for the Focus List relies on earnings estimate revisions, which are influenced by brokerage analysts who assess various factors affecting future earnings [6] - Positive changes in earnings estimates are likely to lead to further upward revisions, indicating potential for stock price increases [7] Zacks Rank System - The Zacks Rank is a proprietary model that uses changes in quarterly earnings expectations to guide investors in building a successful portfolio [8] - Stocks are classified into five groups based on four main factors: Agreement, Magnitude, Upside, and Surprise, with the Focus List primarily featuring 1 (Strong Buy) and 2 (Buy) ranked stocks [9] Stock Price Dynamics - Stocks with rising earnings estimates tend to experience price momentum, making Focus List stocks attractive for investment [10][11] Company Spotlight: GE HealthCare Technologies - GE HealthCare Technologies operates in four segments: Imaging, Ultrasound, Patient Care Solutions, and Pharmaceutical Diagnostics, focusing on integrated solutions in medtech [12] - Since its addition to the Focus List on January 4, 2023, GEHC shares have increased by 37.46%, from $60.49 to $83.15, and currently holds a 3 (Hold) rating on the Zacks Rank [13]

A strong stock as of late has been Fox Corporation (FOX) . Shares have been marching higher, with the stock up 9.7% over the past month. The stock hit a new 52-week high of $65.73 in the previous session. Fox has gained 42.4% since the start of the year compared to the 3% gain for the Zacks Consumer Discretionary sector and the 17.4% return for the Zacks Broadcast Radio and Television industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, having beaten ...

Shares of Hagerty, Inc. (HGTY) have been strong performers lately, with the stock up 3% over the past month. The stock hit a new 52-week high of $14 in the previous session. Hagerty has gained 40.9% since the start of the year compared to the 17.6% gain for the Zacks Finance sector and the 10.2% return for the Zacks Insurance - Property and Casualty industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in ...

Investors might want to bet on Innovative Solutions and Support, Inc. (ISSC) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong c ...

Company Performance - Teekay Tankers (TNK) has returned approximately 36.6% year-to-date, significantly outperforming the average return of 2.9% for Transportation companies [4] - The Zacks Consensus Estimate for TNK's full-year earnings has increased by 8.8% over the past quarter, indicating improved analyst sentiment and earnings outlook [4] - Teekay Tankers holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for future performance [3] Industry Comparison - Teekay Tankers is part of the Transportation - Shipping industry, which consists of 39 companies and is currently ranked 33 in the Zacks Industry Rank [6] - The average gain for stocks in the Transportation - Shipping industry this year is 9%, indicating that TNK is performing better than its industry peers [6] - In contrast, Westinghouse Air Brake Technologies (WAB), another outperforming stock, is in the Transportation - Equipment and Leasing industry, which has a lower rank (71) and has gained 16% year-to-date [5][7] Sector Overview - The Transportation group, which includes Teekay Tankers, is currently ranked 3 within the Zacks Sector Rank, which evaluates 16 different groups [2] - The Zacks Rank system focuses on earnings estimates and revisions, helping to identify stocks that may outperform the broader market in the near term [3]

Company Performance - Experian PLC (EXPGY) has gained approximately 7.2% year-to-date, outperforming the average loss of 6.2% in the Business Services group [4] - The Zacks Consensus Estimate for EXPGY's full-year earnings has increased by 1.8% over the past three months, indicating improving analyst sentiment [3] Industry Comparison - Experian PLC belongs to the Business - Information Services industry, which has seen an average loss of about 23.5% this year, highlighting EXPGY's relative strength within this group [5] - In contrast, FirstCash Holdings, another outperforming stock in the Business Services sector, has returned 55.4% since the beginning of the year [4] Zacks Rank - Experian PLC currently holds a Zacks Rank of 2 (Buy), suggesting a positive outlook for the stock [3] - The Business Services group, which includes 257 companies, ranks 8 in the Zacks Sector Rank, reflecting the overall strength of this sector [2]

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Ross Stores (ROST) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Ross Stores is one of 196 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #9 in the Zacks Secto ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has EnerSys (ENS) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.EnerSys is a member of the Industrial Products sector. This group includes 187 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank ...

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on New Gold (NGD), and emphasizes the importance of using these recommendations in conjunction with other analytical tools like the Zacks Rank to make informed investment decisions [1][5]. Brokerage Recommendations for New Gold - New Gold has an average brokerage recommendation (ABR) of 1.56, indicating a position between Strong Buy and Buy, based on recommendations from nine brokerage firms [2]. - Among the nine recommendations, six are classified as Strong Buy and one as Buy, which accounts for 66.7% and 11.1% of all recommendations respectively [2]. Limitations of Brokerage Recommendations - Sole reliance on brokerage recommendations for investment decisions may not be wise, as studies indicate limited success in guiding investors towards stocks with the best price increase potential [5]. - Brokerage firms often exhibit a positive bias in their ratings due to vested interests, leading to a disproportionate number of favorable ratings compared to negative ones [6][11]. Zacks Rank as an Alternative - The Zacks Rank, which classifies stocks into five groups based on earnings estimate revisions, is presented as a more reliable indicator of near-term price performance compared to ABR [8][12]. - The Zacks Rank is timely and reflects the latest earnings estimate revisions, making it a better tool for predicting future stock prices [13]. Current Earnings Estimates for New Gold - The Zacks Consensus Estimate for New Gold has increased by 1.2% over the past month to $0.58, indicating growing optimism among analysts regarding the company's earnings prospects [14]. - This increase in consensus estimates, along with other factors, has resulted in a Zacks Rank of 2 (Buy) for New Gold, suggesting that the Buy-equivalent ABR may be a useful guide for investors [15].