Investors interested in Medical stocks should always be looking to find the best-performing companies in the group. Bayer Aktiengesellschaft (BAYRY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Medical sector should help us answer this question.
Bayer Aktiengesellschaft is a member of the Medical sector. This group includes 956 individual stocks and currently holds a Zacks Sector Rank of #5. 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 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. Bayer Aktiengesellschaft is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for BAYRY's full-year earnings has moved 5.1% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, BAYRY has moved about 65.2% on a year-to-date basis. In comparison, Medical companies have returned an average of 0.1%. This means that Bayer Aktiengesellschaft is outperforming the sector as a whole this year.
Another Medical stock, which has outperformed the sector so far this year, is Biorestorative Therapies, Inc. (BRTX). The stock has returned 13.3% year-to-date.
For Biorestorative Therapies, Inc., the consensus EPS estimate for the current year has increased 12.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Bayer Aktiengesellschaft belongs to the Large Cap Pharmaceuticals industry, a group that includes 11 individual stocks and currently sits at #93 in the Zacks Industry Rank. Stocks in this group have gained about 6.4% so far this year, so BAYRY is performing better this group in terms of year-to-date returns.
In contrast, Biorestorative Therapies, Inc. falls under the Medical - Biomedical and Genetics industry. Currently, this industry has 470 stocks and is ranked #85. Since the beginning of the year, the industry has moved +7.5%.
Bayer Aktiengesellschaft and Biorestorative Therapies, Inc. could continue their solid performance, so investors interested in Medical stocks should continue to pay close attention to these stocks.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Bayer Aktiengesellschaft (BAYRY): Free Stock Analysis Report Biorestorative Therapies, Inc. (BRTX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
