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Has CF Industries Holdings (CF) Outpaced Other Basic Materials Stocks This Year?

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Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Has CF Industries Holdings (CF - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

CF Industries Holdings is one of 251 individual stocks in the Basic Materials sector. Collectively, these companies sit at #14 in 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 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. CF is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for CF's full-year earnings has moved 21.99% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, CF has moved about 5.85% on a year-to-date basis. At the same time, Basic Materials stocks have lost an average of 12.91%. This means that CF Industries Holdings is outperforming the sector as a whole this year.

Looking more specifically, CF belongs to the Fertilizers industry, a group that includes 7 individual stocks and currently sits at #10 in the Zacks Industry Rank. On average, this group has gained an average of 4.60% so far this year, meaning that CF is performing better in terms of year-to-date returns.

Investors with an interest in Basic Materials stocks should continue to track CF. The stock will be looking to continue its solid performance.


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