Are Construction Stocks Lagging EMCOR Group (EME) This Year?

For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Emcor Group (EME) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.Emcor Group is a member of our Construction group, which includes 92 different companies and currently sits at #15 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Emcor Group is currently sporting a Zacks Rank of #2 (Buy).Over the past three months, the Zacks Consensus Estimate for EME's full-year earnings has moved 6.8% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Our latest available data shows that EME has returned about 49.2% since the start of the calendar year. Meanwhile, stocks in the Construction group have gained about 4.1% on average. This means that Emcor Group is outperforming the sector as a whole this year.Comfort Systems (FIX) is another Construction stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 99.5%.In Comfort Systems' case, the consensus EPS estimate for the current year increased 15.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Emcor Group belongs to the Building Products - Heavy Construction industry, which includes 9 individual stocks and currently sits at #36 in the Zacks Industry Rank. Stocks in this group have gained about 44.3% so far this year, so EME is performing better this group in terms of year-to-date returns. On the other hand, Comfort Systems belongs to the Building Products - Air Conditioner and Heating industry. This 7-stock industry is currently ranked #165. The industry has moved +2.8% year to date.Emcor Group and Comfort Systems could continue their solid performance, so investors interested in Construction stocks should continue to pay close attention to these stocks.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 EMCOR Group, Inc. (EME): Free Stock Analysis Report Comfort Systems USA, Inc. (FIX): 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