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Is Bullfrog AI Holdings Inc. (BFRG) Outperforming Other Medical Stocks This Year?

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Investors interested in Medical stocks should always be looking to find the best-performing companies in the group. Is Bullfrog AI Holdings Inc. (BFRG - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.

Bullfrog AI Holdings Inc. is one of 916 companies in the Medical group. The Medical group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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. Bullfrog AI Holdings Inc. is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for BFRG's full-year earnings has moved 15.9% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that BFRG has returned about 7.6% since the start of the calendar year. At the same time, Medical stocks have gained an average of 1.8%. This means that Bullfrog AI Holdings Inc. is performing better than its sector in terms of year-to-date returns.

One other Medical stock that has outperformed the sector so far this year is Agilent Technologies (A - Free Report) . The stock is up 21.5% year-to-date.

In Agilent Technologies' case, the consensus EPS estimate for the current year increased 3.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Bullfrog AI Holdings Inc. belongs to the Medical Info Systems industry, which includes 41 individual stocks and currently sits at #88 in the Zacks Industry Rank. On average, this group has gained an average of 14.6% so far this year, meaning that BFRG is slightly underperforming its industry in terms of year-to-date returns.

In contrast, Agilent Technologies falls under the Medical - Products industry. Currently, this industry has 86 stocks and is ranked #107. Since the beginning of the year, the industry has moved -21.4%.

Going forward, investors interested in Medical stocks should continue to pay close attention to Bullfrog AI Holdings Inc. and Agilent Technologies as they could maintain their solid performance.

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