Is Alfa Laval (ALFVY) 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. Alfa Laval AB Unsponsored ADR (ALFVY) 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 Construction peers, we might be able to answer that question.Alfa Laval AB Unsponsored ADR 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 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).The Zacks Consensus Estimate for ALFVY's full-year earnings has moved 0.5% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.According to our latest data, ALFVY has moved about 12.5% on a year-to-date basis. In comparison, Construction companies have returned an average of 8.8%. As we can see, Alfa Laval AB Unsponsored ADR is performing better than its sector in the calendar year.One other Construction stock that has outperformed the sector so far this year is Armstrong World Industries (AWI). The stock is up 39.4% year-to-date.Over the past three months, Armstrong World Industries' consensus EPS estimate for the current year has increased 3.9%. The stock currently has a Zacks Rank #1 (Strong Buy).Looking more specifically, Alfa Laval AB Unsponsored ADR belongs to the Engineering - R and D Services industry, which includes 16 individual stocks and currently sits at #94 in the Zacks Industry Rank. This group has gained an average of 10.4% so far this year, so ALFVY is performing better in this area. In contrast, Armstrong World Industries falls under the Building Products - Miscellaneous industry. Currently, this industry has 30 stocks and is ranked #83. Since the beginning of the year, the industry has moved +3.4%.Alfa Laval AB Unsponsored ADR and Armstrong World Industries could continue their solid performance, so investors interested in Construction stocks should continue to pay close attention to these stocks.Quantum Computing Stocks Set To SoarArtificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.Access the Report Free 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 Armstrong World Industries, Inc. (AWI): 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