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Stock impact report

Are Medical Stocks Lagging Alvotech (ALVO) This Year? [Yahoo! Finance]

Alvotech (ALVO) 
Company Research Source: Yahoo! Finance
Has Alvotech (ALVO) been one of those stocks this year? 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. Alvotech is a member of the Medical sector. This group includes 1042 individual stocks and currently holds a Zacks Sector Rank of #7. 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. Alvotech is currently sporting a Zacks Rank of #2 (Buy). Over the past 90 days, the Zacks Consensus Estimate for ALVO's full-year earnings has moved 16.3% higher. This shows that analyst sentiment has improved and the company Show less Read more
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