Published on 2 Apr 2024 on Zacks via Yahoo Finance

Are Construction Stocks Lagging Holcim Ltd Unsponsored ADR (HCMLY) This Year?

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Holcim Ltd Unsponsored ADR (HCMLY) one of those stocks right now? 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.

Holcim Ltd Unsponsored ADR is one of 96 companies in the Construction group. The Construction group currently sits at #2 within 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. Holcim Ltd Unsponsored ADR is currently sporting a Zacks Rank of #2 (Buy).