the only one that can ride thru the waves for years!!!!!!!!!! an Industrial Electronics sector - in the design, development, manufacture and sale of micro inverter systems for the solar photovoltaic
not even the usual energy related to Oil & Gas at all
all are overweighting it
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JJ Hou OP : ENPH has moved about 51.7% on a year-to-date basis. Meanwhile, stocks in the Oils-Energy group have gained about 19.4% on average. As we can see, Enphase Energy is performing better than its sector in the calendar year.
Another Oils-Energy stock, which has outperformed the sector so far this year, is Nine Energy Service (NINE). The stock has returned 164% year-to-date.
In Nine Energy Service's case, the consensus EPS estimate for the current year increased 140% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Enphase Energy is a member of the Solar industry, which includes 16 individual companies and currently sits at #94 in the Zacks Industry Rank. This group has gained an average of 11.3% so far this year, so ENPH is performing better in this area.
In contrast, Nine Energy Service falls under the Oil and Gas - Field Services industry. Currently, this industry has 26 stocks and is ranked #42. Since the beginning of the year, the industry has moved -10.7%.
Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to Enphase Energy and Nine Energy Service as they could maintain their solid performance.