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Has Conn's (CONN) Outpaced Other Retail-Wholesale Stocks This Year?

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Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Conn's (CONN - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.

Conn's is a member of the Retail-Wholesale sector. This group includes 214 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. CONN is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for CONN's full-year earnings has moved 8.77% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Our latest available data shows that CONN has returned about 3.52% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 17.50%. As we can see, Conn's is performing better than its sector in the calendar year.

Looking more specifically, CONN belongs to the Retail - Consumer Electronics industry, which includes 5 individual stocks and currently sits at #63 in the Zacks Industry Rank. Stocks in this group have gained about 12.30% so far this year, so CONN is slightly underperforming its industry this group in terms of year-to-date returns.

Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to CONN as it looks to continue its solid performance.


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