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Stock impact report

Is Novozymes (NVZMY) Stock Outpacing Its Basic Materials Peers This Year? [Yahoo! Finance]

Vizsla Silver Corp. Common Shares (VZLA) 
Company Research Source: Yahoo! Finance
Novozymes A/S (NVZMY) 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? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question. Novozymes A/S is one of 236 individual stocks in the Basic Materials sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. 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. Novozymes A/S is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for NVZMY's full-year e Show less Read more
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