Is Atmus Filtration Technologies Inc. (ATMU) Outperforming Other Industrial Products Stocks This Year?

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Atmus Filtration Technologies (ATMU) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Atmus Filtration Technologies is a member of our Industrial Products group, which includes 187 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.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. Atmus Filtration Technologies is currently sporting a Zacks Rank of #2 (Buy).Over the past three months, the Zacks Consensus Estimate for ATMU's full-year earnings has moved 3.8% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.Based on the latest available data, ATMU has gained about 9.2% so far this year. At the same time, Industrial Products stocks have gained an average of 0.7%. This means that Atmus Filtration Technologies is outperforming the sector as a whole this year.Atlas Copco AB (ATLKY) is another Industrial Products stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 14.3%.In Atlas Copco AB's case, the consensus EPS estimate for the current year increased 0.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Atmus Filtration Technologies belongs to the Pollution Control industry, a group that includes 7 individual stocks and currently sits at #61 in the Zacks Industry Rank. Stocks in this group have gained about 3.8% so far this year, so ATMU is performing better this group in terms of year-to-date returns. Atlas Copco AB, however, belongs to the Manufacturing - General Industrial industry. Currently, this 41-stock industry is ranked #45. The industry has moved +1.8% so far this year.Investors interested in the Industrial Products sector may want to keep a close eye on Atmus Filtration Technologies and Atlas Copco AB as they attempt to continue their solid performance.Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum 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 Atmus Filtration Technologies Inc. (ATMU): Free Stock Analysis Report Atlas Copco AB (ATLKY): 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