Published on 1 Apr 2024 on Zacks via Yahoo Finance
Are Construction Stocks Lagging Babcock International Group (BCKIY) This Year?
Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Is Babcock International Group PLC (BCKIY) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.
Babcock International Group PLC is a member of our Construction group, which includes 97 different companies and currently sits at #2 in the Zacks Sector Rank. 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Babcock International Group PLC is currently sporting a Zacks Rank of #2 (Buy).