Is EMCOR Group (EME) Outperforming Other Construction Stocks This Year?

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Emcor Group (EME) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.Emcor Group is one of 88 individual stocks in the Construction sector. Collectively, these companies sit at #14 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.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. Emcor Group is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for EME's full-year earnings has moved 6% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.Based on the most recent data, EME has returned 37.8% so far this year. Meanwhile, the Construction sector has returned an average of 8.6% on a year-to-date basis. This means that Emcor Group is outperforming the sector as a whole this year.Frontdoor (FTDR) is another Construction stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 15.3%.Over the past three months, Frontdoor's consensus EPS estimate for the current year has increased 12.6%. The stock currently has a Zacks Rank #1 (Strong Buy).To break things down more, Emcor Group belongs to the Building Products - Heavy Construction industry, a group that includes 9 individual companies and currently sits at #1 in the Zacks Industry Rank. This group has gained an average of 31% so far this year, so EME is performing better in this area. On the other hand, Frontdoor belongs to the Building Products - Miscellaneous industry. This 30-stock industry is currently ranked #94. The industry has moved +3.4% year to date.Emcor Group and Frontdoor could continue their solid performance, so investors interested in Construction stocks should continue to pay close attention to these stocks.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.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 EMCOR Group, Inc. (EME): Free Stock Analysis Report Frontdoor Inc. (FTDR): 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