The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has A-Mark Precious Metals (AMRK - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.
A-Mark Precious Metals is a member of the Consumer Discretionary sector. This group includes 277 individual stocks and currently holds a Zacks Sector Rank of #15. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. A-Mark Precious Metals is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for AMRK's full-year earnings has moved 31.1% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, AMRK has returned 22.8% so far this year. At the same time, Consumer Discretionary stocks have lost an average of 6%. This means that A-Mark Precious Metals is performing better than its sector in terms of year-to-date returns.
Another stock in the Consumer Discretionary sector, Ralph Lauren (RL - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 5.7%.
Over the past three months, Ralph Lauren's consensus EPS estimate for the current year has increased 11.6%. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, A-Mark Precious Metals belongs to the Precious Metals and Jewels industry, which includes 2 individual stocks and currently sits at #35 in the Zacks Industry Rank. Stocks in this group have gained about 16.5% so far this year, so AMRK is performing better this group in terms of year-to-date returns.
On the other hand, Ralph Lauren belongs to the Textile - Apparel industry. This 20-stock industry is currently ranked #41. The industry has moved -9.6% year to date.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on A-Mark Precious Metals and Ralph Lauren as they attempt to continue their solid performance.
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The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has A-Mark Precious Metals (AMRK - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.
A-Mark Precious Metals is a member of the Consumer Discretionary sector. This group includes 277 individual stocks and currently holds a Zacks Sector Rank of #15. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. A-Mark Precious Metals is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for AMRK's full-year earnings has moved 31.1% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, AMRK has returned 22.8% so far this year. At the same time, Consumer Discretionary stocks have lost an average of 6%. This means that A-Mark Precious Metals is performing better than its sector in terms of year-to-date returns.
Another stock in the Consumer Discretionary sector, Ralph Lauren (RL - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 5.7%.
Over the past three months, Ralph Lauren's consensus EPS estimate for the current year has increased 11.6%. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, A-Mark Precious Metals belongs to the Precious Metals and Jewels industry, which includes 2 individual stocks and currently sits at #35 in the Zacks Industry Rank. Stocks in this group have gained about 16.5% so far this year, so AMRK is performing better this group in terms of year-to-date returns.
On the other hand, Ralph Lauren belongs to the Textile - Apparel industry. This 20-stock industry is currently ranked #41. The industry has moved -9.6% year to date.
Investors interested in the Consumer Discretionary sector may want to keep a close eye on A-Mark Precious Metals and Ralph Lauren as they attempt to continue their solid performance.
Just Released: Zacks Top 10 Stocks for 2024
Hurry – you can still get in early on our 10 top tickers for 2024. Hand-picked by Zacks Director of Research, Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500’s +340.1%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2024. You can still be among the first to see these just-released stocks with enormous potential.
See New Top 10 Stocks >>
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