For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has CrossAmerica Partners (CAPL - 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.
CrossAmerica Partners is a member of the Oils-Energy sector. This group includes 311 individual stocks and currently holds a Zacks Sector Rank of #6. 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 system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. CAPL is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for CAPL's full-year earnings has moved 10.26% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, CAPL has gained about 30.65% so far this year. At the same time, Oils-Energy stocks have gained an average of 13.03%. This means that CrossAmerica Partners is outperforming the sector as a whole this year.
To break things down more, CAPL belongs to the Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, a group that includes 14 individual companies and currently sits at #235 in the Zacks Industry Rank. On average, this group has gained an average of 24.44% so far this year, meaning that CAPL is performing better in terms of year-to-date returns.
CAPL will likely be looking to continue its solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to the company.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has CrossAmerica Partners (CAPL - 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.
CrossAmerica Partners is a member of the Oils-Energy sector. This group includes 311 individual stocks and currently holds a Zacks Sector Rank of #6. 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 system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. CAPL is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for CAPL's full-year earnings has moved 10.26% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, CAPL has gained about 30.65% so far this year. At the same time, Oils-Energy stocks have gained an average of 13.03%. This means that CrossAmerica Partners is outperforming the sector as a whole this year.
To break things down more, CAPL belongs to the Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, a group that includes 14 individual companies and currently sits at #235 in the Zacks Industry Rank. On average, this group has gained an average of 24.44% so far this year, meaning that CAPL is performing better in terms of year-to-date returns.
CAPL will likely be looking to continue its solid performance, so investors interested in Oils-Energy stocks should continue to pay close attention to the company.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on CAPL - FREE