Are Basic Materials Stocks Lagging DuPont de Nemours (DD) This Year?

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Has DuPont de Nemours (DD) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.DuPont de Nemours is a member of our Basic Materials group, which includes 235 different companies and currently sits at #15 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 system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. DuPont de Nemours is currently sporting a Zacks Rank of #2 (Buy).Over the past three months, the Zacks Consensus Estimate for DD's full-year earnings has moved 3% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.According to our latest data, DD has moved about 15.8% on a year-to-date basis. Meanwhile, stocks in the Basic Materials group have gained about 2.1% on average. This shows that DuPont de Nemours is outperforming its peers so far this year.Axalta Coating Systems (AXTA) is another Basic Materials stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 6.5%.In Axalta Coating Systems' case, the consensus EPS estimate for the current year increased 3.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, DuPont de Nemours belongs to the Chemical - Diversified industry, a group that includes 29 individual stocks and currently sits at #180 in the Zacks Industry Rank. Stocks in this group have gained about 2.2% so far this year, so DD is performing better this group in terms of year-to-date returns.In contrast, Axalta Coating Systems falls under the Chemical - Specialty industry. Currently, this industry has 33 stocks and is ranked #215. Since the beginning of the year, the industry has moved -15.1%.DuPont de Nemours and Axalta Coating Systems could continue their solid performance, so investors interested in Basic Materials stocks should continue to pay close attention to these stocks.Infrastructure Stock Boom to Sweep AmericaA massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.The only question is “Will you get into the right stocks early when their growth potential is greatest?”Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How To Profit From Trillions On Spending For Infrastructure >>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 DuPont de Nemours, Inc. (DD): Free Stock Analysis Report Axalta Coating Systems Ltd. (AXTA): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks