Are Utilities Stocks Lagging ENGIE - Sponsored ADR (ENGIY) This Year?

Investors interested in Utilities stocks should always be looking to find the best-performing companies in the group. Is ENGIE - Sponsored ADR (ENGIY) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.ENGIE - Sponsored ADR is a member of our Utilities group, which includes 108 different companies and currently sits at #2 in 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. ENGIE - Sponsored ADR is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for ENGIY's full-year earnings has moved 7.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.According to our latest data, ENGIY has moved about 65.4% on a year-to-date basis. In comparison, Utilities companies have returned an average of 17.5%. This shows that ENGIE - Sponsored ADR is outperforming its peers so far this year.Another Utilities stock, which has outperformed the sector so far this year, is Enel SpA (ENLAY). The stock has returned 45.9% year-to-date.In Enel SpA's case, the consensus EPS estimate for the current year increased 2.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).To break things down more, ENGIE - Sponsored ADR belongs to the Utility - Electric Power industry, a group that includes 58 individual companies and currently sits at #69 in the Zacks Industry Rank. This group has gained an average of 21.3% so far this year, so ENGIY is performing better in this area. Enel SpA is also part of the same industry.Going forward, investors interested in Utilities stocks should continue to pay close attention to ENGIE - Sponsored ADR and Enel SpA as they could maintain their solid performance.#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.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 ENGIE - Sponsored ADR (ENGIY): Free Stock Analysis Report Enel SpA (ENLAY): 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