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Is The Mosaic (MOS) Outperforming Other Basic Materials Stocks This Year?

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Investors focused on the Basic Materials space have likely heard of The Mosaic (MOS - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.

The Mosaic is a member of the Basic Materials sector. This group includes 244 individual stocks and currently holds a Zacks Sector Rank of #13. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. MOS is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for MOS's full-year earnings has moved 7.48% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the latest available data, MOS has gained about 4.04% so far this year. At the same time, Basic Materials stocks have gained an average of 2.85%. This means that The Mosaic is outperforming the sector as a whole this year.

Breaking things down more, MOS is a member of the Fertilizers industry, which includes 7 individual companies and currently sits at #49 in the Zacks Industry Rank. On average, this group has gained an average of 1.62% so far this year, meaning that MOS is performing better in terms of year-to-date returns.

MOS will likely be looking to continue its solid performance, so investors interested in Basic Materials stocks should continue to pay close attention to the company.


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