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Has Amazon.com (AMZN) Outpaced Other Retail-Wholesale Stocks This Year?

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Investors focused on the Retail-Wholesale space have likely heard of Amazon.com (AMZN - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Amazon.com is one of 222 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #4 within the Zacks Sector Rank. 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 proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. AMZN is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for AMZN's full-year earnings has moved 0.07% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the latest available data, AMZN has gained about 9.05% so far this year. In comparison, Retail-Wholesale companies have returned an average of 8.11%. This means that Amazon.com is performing better than its sector in terms of year-to-date returns.

To break things down more, AMZN belongs to the Internet - Commerce industry, a group that includes 27 individual companies and currently sits at #100 in the Zacks Industry Rank. Stocks in this group have gained about 11.70% so far this year, so AMZN is slightly underperforming its industry this group in terms of year-to-date returns.

Investors in the Retail-Wholesale sector will want to keep a close eye on AMZN as it attempts to continue its solid performance.


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