Has Hesai Group Sponsored ADR (HSAI) Outpaced Other Auto-Tires-Trucks Stocks This Year?

Group 1 - Hesai Group Sponsored ADR (HSAI) is a notable stock within the Auto-Tires-Trucks sector, currently outperforming the sector with a year-to-date gain of 23.7% compared to the sector's average return of -8.3% [4] - The Zacks Rank for HSAI is 2 (Buy), indicating a favorable outlook based on earnings estimate revisions and improving earnings sentiment [3] - The Zacks Consensus Estimate for HSAI's full-year earnings has increased by 866.7% in the past quarter, reflecting a positive trend in analyst sentiment [4] Group 2 - The Auto-Tires-Trucks group ranks 12 within the Zacks Sector Rank, which assesses the strength of 16 sector groups based on the average Zacks Rank of individual stocks [2] - Hesai Group is part of the Automotive - Original Equipment industry, which consists of 50 stocks and currently ranks 159 in the Zacks Industry Rank, with an average gain of 2.5% year-to-date [6] - Another stock in the Auto-Tires-Trucks sector, Phinia (PHIN), has also shown positive performance with a year-to-date increase of 2.3% and a Zacks Rank of 2 (Buy) [5]