Are Industrial Products Stocks Lagging AZZ (AZZ) This Year?

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is AZZ (AZZ) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.AZZ is one of 189 companies in the Industrial Products group. The Industrial Products group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. AZZ is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for AZZ's full-year earnings has moved 4.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the latest available data, AZZ has gained about 37.5% so far this year. At the same time, Industrial Products stocks have gained an average of 5.5%. As we can see, AZZ is performing better than its sector in the calendar year.One other Industrial Products stock that has outperformed the sector so far this year is Halma (HLMAF). The stock is up 28.2% year-to-date.The consensus estimate for Halma's current year EPS has increased 8.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, AZZ belongs to the Manufacturing - Electronics industry, which includes 15 individual stocks and currently sits at #85 in the Zacks Industry Rank. Stocks in this group have gained about 6.7% so far this year, so AZZ is performing better this group in terms of year-to-date returns. Halma, however, belongs to the Security and Safety Services industry. Currently, this 16-stock industry is ranked #54. The industry has moved +18% so far this year.Investors with an interest in Industrial Products stocks should continue to track AZZ and Halma. These stocks will be looking to continue their solid performance.Free Report: Profiting from the 2nd Wave of AI ExplosionThe next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives.Investors who bought shares like Nvidia at the right time have had a shot at huge gains.But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies.Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward.Access AI Boom 2.0 now, absolutely 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 AZZ Inc. (AZZ): Free Stock Analysis Report Halma (HLMAF): 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