Are Auto-Tires-Trucks Stocks Lagging Subaru Corporation (FUJHY) This Year?

Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Subaru Corporation (FUJHY) 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? By taking a look at the stock's year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question.Subaru Corporation is a member of the Auto-Tires-Trucks sector. This group includes 99 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Subaru Corporation is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for FUJHY's full-year earnings has moved 12.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Based on the latest available data, FUJHY has gained about 22% so far this year. Meanwhile, the Auto-Tires-Trucks sector has returned an average of 3.5% on a year-to-date basis. This means that Subaru Corporation is performing better than its sector in terms of year-to-date returns.QuantumScape Corporation (QS) is another Auto-Tires-Trucks stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 149.5%.The consensus estimate for QuantumScape Corporation's current year EPS has increased 5.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Breaking things down more, Subaru Corporation is a member of the Automotive - Foreign industry, which includes 24 individual companies and currently sits at #200 in the Zacks Industry Rank. Stocks in this group have gained about 0.8% so far this year, so FUJHY is performing better this group in terms of year-to-date returns. QuantumScape Corporation, however, belongs to the Automotive - Original Equipment industry. Currently, this 51-stock industry is ranked #85. The industry has moved -1.5% so far this year.Investors with an interest in Auto-Tires-Trucks stocks should continue to track Subaru Corporation and QuantumScape Corporation. These stocks will be looking to continue their solid performance.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Subaru Corporation (FUJHY): Free Stock Analysis Report QuantumScape Corporation (QS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks