Is Newmont (NEM) Stock Outpacing Its Basic Materials Peers This Year?

Zacks11-22 22:40

For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Newmont Corporation (NEM) one of those stocks right ...

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Is Newmont Corporation (NEM) one of those stocks right ...</p>\n\n<a href=\"https://finance.yahoo.com/news/newmont-nem-stock-outpacing-basic-144011404.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4017","symbol_name":"黄金","start_time":0,"source_url":"https://finance.yahoo.com/news/newmont-nem-stock-outpacing-basic-144011404.html","article_id":"2485629635","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/d6hN0_BhikrNdWTnix6fng--~B/aD03NDE7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/7853de8d69faeccb7d1ad6ebba40b8a2"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485629635","pubTimestamp":1732286411,"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Newmont Corporation  one of those stocks right now?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.Newmont Corporation is a member of the Basic Materials sector. This group includes 235 individual stocks and currently holds a Zacks Sector Rank of #13. 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.Another stock in the Basic Materials sector, Agnico Eagle Mines , has outperformed the sector so far this year. The stock's year-to-date return is 52.4%.Agnico Eagle Mines Limited  : Free Stock Analysis Report","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4017":"黄金","LU0788108826.HKD":"BGF WORLD GOLD \"A2\" (HKDHGD) ACC","LU1223082519.USD":"SCHRODER ISF GLOBAL GOLD \"A\" (USD) INC AV","LU1023059493.AUD":"Blackrock World Mining A2 AUD-H","ARKG":"ARK Genomic Revolution ETF","LU1223083913.SGD":"Schroder ISF Global Gold A Acc SGD-H","LU0724618789.USD":"BGF WORLD GOLD \"A4\" (USD) INC","BK4532":"文艺复兴科技持仓","LU0278409577.USD":"MANULIFE GLOBAL FUND-GLOBAL RESOURCES FUND \"AA\" (USD) INC","LU0055631609.USD":"贝莱德世界黄金基金A2","BK4570":"地缘局势概念股","LU1223082196.USD":"施罗德环球黄金A Acc","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1430597077.USD":"BGF NATURAL RESOURCES \"A\" (USD) INC","AEM":"伊格尔矿业","LU0075056555.USD":"贝莱德世界矿业基金A2","BK4585":"ETF&股票定投概念","LU0612318385.USD":"BGF NATURAL RESOURCES \"A2\" (USD) ACC","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","BK4533":"AQR资本管理(全球第二大对冲基金)","NEM.AU":"Newmont Corp","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","LU0368265764.SGD":"Blackrock World Gold Fund A2 SGD-H","LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","BAS":"基本能源服务","LU0496367417.USD":"富兰克林黄金和贵金属A（acc）","LU0330918003.SGD":"Blackrock World Mining A2 SGD-H","LU0788109121.HKD":"BGF WORLD MINING \"A2\" (HKDHGD) ACC","LU2462611646.USD":"AMUNDI FUNDS REAL ASSETS TARGET INCOME \"A2\" (USD) INC MTI","BK4588":"碎股","LU2498475776.HKD":"AMUNDI FUNDS REAL ASSETS TARGET INCOME \"A2\" (HKD) INC","LU1883866441.USD":"AMUNDI FUNDS REAL ASSETS TARGET INCOME \"A2\" (USD) ACC","LU0266512127.USD":"摩根大通环球自然资源 A(acc)","LU0654597011.USD":"BGF NATURAL RESOURCES \"A4G\" (USD) INC","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","BK4544":"ARK ETF合集","LU0612318971.USD":"BGF NATURAL RESOURCES \"A5G\" (USD) INC","LU0456854461.SGD":"JPMorgan Funds - Global Natural Resources A (acc) SGD","BK7104":"黄金","LU0498741890.SGD":"FTIF - Franklin Gold and Precious Metals A (acc) SGD","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","LU0498741114.HKD":"FRANKLIN GOLD & PRECIOUS METALS \"A\" (HKD) ACC","NEM":"纽曼矿业","SG9999001143.SGD":"United Gold and General A Acc SGD"},"translate_title":"纽蒙特(NEM)股价今年是否超过基础材料同行？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKG":1,"BAS":1,"AEM":1,"NEM.AU":1,"NEM":1},"content_text":"For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Newmont Corporation (NEM) one of those stocks right now? 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.\nNewmont Corporation is a member of the Basic Materials sector. This group includes 235 individual stocks and currently holds a Zacks Sector Rank of #13. 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.\nThe 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. Newmont Corporation is currently sporting a Zacks Rank of #2 (Buy).\nThe Zacks Consensus Estimate for NEM's full-year earnings has moved 8.2% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.\nBased on the latest available data, NEM has gained about 4.7% so far this year. In comparison, Basic Materials companies have returned an average of -2.3%. This shows that Newmont Corporation is outperforming its peers so far this year.\nAnother stock in the Basic Materials sector, Agnico Eagle Mines (AEM), has outperformed the sector so far this year. The stock's year-to-date return is 52.4%.\nOver the past three months, Agnico Eagle Mines' consensus EPS estimate for the current year has increased 10.7%. The stock currently has a Zacks Rank #1 (Strong Buy).\nLooking more specifically, Newmont Corporation belongs to the Mining - Gold industry, which includes 38 individual stocks and currently sits at #40 in the Zacks Industry Rank. This group has gained an average of 19% so far this year, so NEM is slightly underperforming its industry in this area. Agnico Eagle Mines is also part of the same industry.\nInvestors with an interest in Basic Materials stocks should continue to track Newmont Corporation and Agnico Eagle Mines. These stocks will be looking to continue their solid performance.\nWant 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\nNewmont Corporation (NEM) : Free Stock Analysis Report\nAgnico Eagle Mines Limited (AEM) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485629635"}