Has Baozun (BZUN) Outpaced Other Computer and Technology Stocks This Year?

BZUN

Investors focused on the Computer and Technology space have likely heard of Baozun (BZUN - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.

Baozun is a member of our Computer and Technology group, which includes 630 different companies and currently sits at #9 in 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 model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. BZUN is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for BZUN's full-year earnings has moved 11.88% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, BZUN has moved about 96.58% on a year-to-date basis. At the same time, Computer and Technology stocks have gained an average of 8.62%. This shows that Baozun is outperforming its peers so far this year.

Looking more specifically, BZUN belongs to the Computers - IT Services industry, which includes 25 individual stocks and currently sits at #197 in the Zacks Industry Rank. On average, this group has gained an average of 13.60% so far this year, meaning that BZUN is performing better in terms of year-to-date returns.

BZUN will likely be looking to continue its solid performance, so investors interested Computer and Technology stocks should continue to pay close attention to the company.

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