Is Broadwind Energy (BWEN) Stock Outpacing Its Industrial Products Peers This Year?

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Broadwind Energy, Inc. (BWEN) 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? Let's take a closer look at the stock's year-to-date performance to find out.Broadwind Energy, Inc. is a member of our Industrial Products group, which includes 190 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Broadwind Energy, Inc. is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for BWEN's full-year earnings has moved 23.1% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.According to our latest data, BWEN has moved about 16% on a year-to-date basis. At the same time, Industrial Products stocks have gained an average of 5.4%. This means that Broadwind Energy, Inc. is performing better than its sector in terms of year-to-date returns.Another stock in the Industrial Products sector, Intellicheck Mobilisa, Inc. (IDN), has outperformed the sector so far this year. The stock's year-to-date return is 82.9%.For Intellicheck Mobilisa, Inc., the consensus EPS estimate for the current year has increased 70% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Looking more specifically, Broadwind Energy, Inc. belongs to the Manufacturing - General Industrial industry, which includes 41 individual stocks and currently sits at #43 in the Zacks Industry Rank. This group has gained an average of 5.2% so far this year, so BWEN is performing better in this area. Intellicheck Mobilisa, Inc., however, belongs to the Security and Safety Services industry. Currently, this 16-stock industry is ranked #83. The industry has moved +6.6% so far this year.Broadwind Energy, Inc. and Intellicheck Mobilisa, Inc. could continue their solid performance, so investors interested in Industrial Products stocks should continue to pay close attention to these stocks.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 Broadwind Energy, Inc. (BWEN): Free Stock Analysis Report Intellicheck Mobilisa, Inc. (IDN): 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