Applied Industrial Technologies Outperforms Industrial Products Sector This Year

Applied Industrial Technologies (AIT) outperformed the Industrial Products sector with a 26.1% year-to-date gain, compared to the sector's 14.4% return. AIT's Zacks Rank of #2 (Buy) and a 1.8% increase in full-year earnings estimates support its positive outlook. In contrast, Atkore Inc. (ATKR) has returned 48.9% year-to-date with an 8.4% increase in consensus EPS estimates and a Zacks Rank of #2 (Buy).