Published on 3 May 2024 on Zacks via Yahoo Finance
The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Petrobras (PBR) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.
Petrobras is a member of the Oils-Energy sector. This group includes 251 individual stocks and currently holds a Zacks Sector Rank of #6. 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.