Is Comp En De Mn Cemig (CIG) Stock Outpacing Its Utilities Peers This Year?

Group 1 - Cemig (CIG) is a notable stock in the Utilities sector, currently outperforming its peers with a year-to-date return of approximately 17.7% compared to the sector average of 16.8% [4] - Cemig holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, with the consensus estimate for full-year earnings having increased by 61.4% over the past three months [3] - The Utilities sector, which includes Cemig, ranks 5 in the Zacks Sector Rank, with a total of 105 individual stocks [2] Group 2 - Cemig is part of the Utility - Electric Power industry, which consists of 59 stocks and currently ranks 42 in the Zacks Industry Rank, indicating that it is slightly underperforming its industry average return of 20.7% this year [5] - Pinnacle West (PNW) is another stock in the Utilities sector that has outperformed the sector with a return of 23.1% year-to-date [4][5] - Both Cemig and Pinnacle West are expected to continue their solid performance, making them attractive options for investors interested in Utilities stocks [6]