Is AAR (AIR) Outperforming Other Aerospace Stocks This Year?

Investors interested in Aerospace stocks should always be looking to find the best-performing companies in the group. Has AAR (AIR) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.AAR is one of 64 companies in the Aerospace group. The Aerospace group currently sits at #10 within 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 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. AAR is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past 90 days, the Zacks Consensus Estimate for AIR's full-year earnings has moved 2.9% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Based on the most recent data, AIR has returned 36.5% so far this year. At the same time, Aerospace stocks have gained an average of 29.4%. As we can see, AAR is performing better than its sector in the calendar year.Safran SA (SAFRY) is another Aerospace stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 65.1%.For Safran SA, the consensus EPS estimate for the current year has increased 6.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Breaking things down more, AAR is a member of the Aerospace - Defense Equipment industry, which includes 38 individual companies and currently sits at #160 in the Zacks Industry Rank. This group has gained an average of 25.3% so far this year, so AIR is performing better in this area. Safran SA, however, belongs to the Aerospace - Defense industry. Currently, this 25-stock industry is ranked #87. The industry has moved +31% so far this year.AAR and Safran SA could continue their solid performance, so investors interested in Aerospace stocks should continue to pay close attention to these stocks.#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 AAR Corp. (AIR): Free Stock Analysis Report Safran SA (SAFRY): 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