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Is Ingredion (INGR) Stock Outpacing Its Consumer Staples Peers This Year?

The Consumer Staples sector offers plenty of great stocks for investors to consider. One stock that has been grabbing the attention of many investors is Ingredion (INGR). How does its recent performance compare to its peers in the sector?

Ingredion is one of 193 individual stocks in the Consumer Staples sector, currently ranked at #12 in the Zacks Sector Rank. The Zacks Rank, which focuses on earnings estimates and revisions, gives Ingredion a strong rating of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for INGR’s full-year earnings has increased by 0.2%, indicating a positive sentiment among analysts. So far this year, INGR has returned 1.3%, outperforming the average return of -6.2% for Consumer Staples companies.

Another stock in the sector that has performed well is Alico (ALCO), with a return of 2.1% since the beginning of the year. The consensus EPS estimate for Alico has also seen a 9.3% increase over the past three months, earning it a Zacks Rank of #2 (Buy).

Ingredion belongs to the Food – Miscellaneous industry, which has seen an average loss of 7.3% this year, while Alico is part of the Agriculture – Operations industry, which has dropped by -31.5%.

Investors interested in Consumer Staples stocks should keep an eye on Ingredion and Alico as they continue to show solid performance.

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