Published on 23 Oct 2023 on Zacks via Yahoo Finance

Is AVROBIO (AVRO) Outperforming Other Medical Stocks This Year?

Investors interested in Medical stocks should always be looking to find the best-performing companies in the group. Has AVROBIO, Inc. (AVRO) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

AVROBIO, Inc. is a member of the Medical sector. This group includes 1091 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

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. AVROBIO, Inc. is currently sporting a Zacks Rank of #2 (Buy).