Is Baozun (BZUN) Outperforming 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? One simple way to answer this question is to take a look at the year-to-date performance of BZUN and the rest of the Computer and Technology group's stocks.

Baozun is a member of the Computer and Technology sector. This group includes 642 individual stocks and currently holds a Zacks Sector Rank of #9. 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. BZUN is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for BZUN's full-year earnings has moved 2.52% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, BZUN has returned 30.06% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 19.94% on average. As we can see, Baozun is performing better than its sector in the calendar year.

Looking more specifically, BZUN belongs to the Computers - IT Services industry, a group that includes 27 individual stocks and currently sits at #76 in the Zacks Industry Rank. On average, stocks in this group have gained 25.62% this year, meaning that BZUN is performing better in terms of year-to-date returns.

Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to BZUN as it looks to continue its solid performance.

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