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

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. 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 individual stocks in the Industrial Products sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.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 5.1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the most recent data, AZZ has returned 42.4% so far this year. In comparison, Industrial Products companies have returned an average of 8.5%. As we can see, AZZ is performing better than its sector in the calendar year.Another stock in the Industrial Products sector, Luxfer (LXFR), has outperformed the sector so far this year. The stock's year-to-date return is 12.8%.For Luxfer, the consensus EPS estimate for the current year has increased 3.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, AZZ belongs to the Manufacturing - Electronics industry, a group that includes 15 individual stocks and currently sits at #102 in the Zacks Industry Rank. On average, stocks in this group have gained 10.4% this year, meaning that AZZ is performing better in terms of year-to-date returns. On the other hand, Luxfer belongs to the Manufacturing - General Industrial industry. This 41-stock industry is currently ranked #55. The industry has moved +7.8% year to date.Investors with an interest in Industrial Products stocks should continue to track AZZ and Luxfer. These stocks will be looking to continue their solid performance.Higher. Faster. Sooner. Buy These Stocks NowA small number of stocks are primed for a breakout, and you have a chance to get in before they take off.At any given time, there are only 220 Zacks Rank #1 Strong Buys. On average, this list more than doubles the S&P 500. We’ve combed through the latest Strong Buys and selected 7 compelling companies likely to jump sooner and climb higher than any other stock you could buy this month.You'll learn everything you need to know about these exciting trades in our brand-new Special Report, 7 Best Stocks for the Next 30 Days.Download the report free now >>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 Luxfer Holdings PLC (LXFR): 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