Is Alfa Laval (ALFVY) Outperforming Other Construction Stocks This Year?

Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Has Alfa Laval AB Unsponsored ADR (ALFVY) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.Alfa Laval AB Unsponsored ADR is a member of the Construction sector. This group includes 90 individual stocks and currently holds a Zacks Sector Rank of #12. 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. Alfa Laval AB Unsponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy).Within the past quarter, the Zacks Consensus Estimate for ALFVY's full-year earnings has moved 8.4% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.According to our latest data, ALFVY has moved about 1.8% on a year-to-date basis. Meanwhile, the Construction sector has returned an average of -2.2% on a year-to-date basis. This shows that Alfa Laval AB Unsponsored ADR is outperforming its peers so far this year.Dream Finders Homes Inc. (DFH) is another Construction stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 1.8%.In Dream Finders Homes Inc.'s case, the consensus EPS estimate for the current year increased 2.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).To break things down more, Alfa Laval AB Unsponsored ADR belongs to the Engineering - R and D Services industry, a group that includes 17 individual companies and currently sits at #22 in the Zacks Industry Rank. This group has lost an average of 3% so far this year, so ALFVY is performing better in this area.On the other hand, Dream Finders Homes Inc. belongs to the Building Products - Home Builders industry. This 17-stock industry is currently ranked #235. The industry has moved -12.3% year to date.Going forward, investors interested in Construction stocks should continue to pay close attention to Alfa Laval AB Unsponsored ADR and Dream Finders Homes Inc. as they could maintain their solid performance.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks 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 Alfa Laval AB Unsponsored ADR (ALFVY): Free Stock Analysis Report Dream Finders Homes, Inc. (DFH): 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