Investors focused on the Retail-Wholesale space have likely heard of McDonalds (MCD - 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.
McDonalds is a member of the Retail-Wholesale sector. This group includes 220 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. MCD is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for MCD's full-year earnings has moved 5.07% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, MCD has moved about 12.36% on a year-to-date basis. At the same time, Retail-Wholesale stocks have lost an average of 8.85%. This means that McDonalds is outperforming the sector as a whole this year.
Looking more specifically, MCD belongs to the Retail - Restaurants industry, a group that includes 41 individual stocks and currently sits at #161 in the Zacks Industry Rank. Stocks in this group have gained about 12.28% so far this year, so MCD is performing better this group in terms of year-to-date returns.
Investors with an interest in Retail-Wholesale stocks should continue to track MCD. The stock will be looking to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Investors focused on the Retail-Wholesale space have likely heard of McDonalds (MCD - 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.
McDonalds is a member of the Retail-Wholesale sector. This group includes 220 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. MCD is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for MCD's full-year earnings has moved 5.07% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, MCD has moved about 12.36% on a year-to-date basis. At the same time, Retail-Wholesale stocks have lost an average of 8.85%. This means that McDonalds is outperforming the sector as a whole this year.
Looking more specifically, MCD belongs to the Retail - Restaurants industry, a group that includes 41 individual stocks and currently sits at #161 in the Zacks Industry Rank. Stocks in this group have gained about 12.28% so far this year, so MCD is performing better this group in terms of year-to-date returns.
Investors with an interest in Retail-Wholesale stocks should continue to track MCD. The stock will be looking to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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