Are Basic Materials Stocks Lagging Alamos Gold (AGI) This Year?

Company Performance - Alamos Gold (AGI) has outperformed the Basic Materials sector with a year-to-date return of approximately 25.4%, compared to the sector average of 6.8% [4] - The Zacks Consensus Estimate for AGI's full-year earnings has increased by 15% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [3] Industry Context - Alamos Gold is part of the Mining - Gold industry, which consists of 40 companies and currently ranks 51 in the Zacks Industry Rank. This industry has seen an average gain of 19.9% year-to-date, with AGI performing better than this average [5] - Another stock in the same industry, DRDGOLD (DRD), has also outperformed the sector with a year-to-date return of 31.8% and a consensus EPS estimate increase of 41.3% over the past three months [4][5] Zacks Rank - Alamos Gold holds a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the broader market in the near term [3] - The Zacks Rank system evaluates stocks based on earnings estimates and revisions, highlighting potential outperformers in the market [3]