We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Has AllianceBernstein Holding L.P. (AB) Outpaced Other Finance Stocks This Year?
Read MoreHide Full Article
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is AllianceBernstein Holding L.P. (AB - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
AllianceBernstein Holding L.P. is one of 895 individual stocks in the Finance sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. 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. AB is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for AB's full-year earnings has moved 3.45% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, AB has moved about 4.76% on a year-to-date basis. Meanwhile, stocks in the Finance group have lost about 6.56% on average. As we can see, AllianceBernstein Holding L.P. is performing better than its sector in the calendar year.
Breaking things down more, AB is a member of the Financial - Investment Management industry, which includes 48 individual companies and currently sits at #99 in the Zacks Industry Rank. On average, stocks in this group have gained 12.08% this year, meaning that AB is slightly underperforming its industry in terms of year-to-date returns.
Going forward, investors interested in Finance stocks should continue to pay close attention to AB as it looks to continue its solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Has AllianceBernstein Holding L.P. (AB) Outpaced Other Finance Stocks This Year?
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is AllianceBernstein Holding L.P. (AB - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
AllianceBernstein Holding L.P. is one of 895 individual stocks in the Finance sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. 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. AB is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for AB's full-year earnings has moved 3.45% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, AB has moved about 4.76% on a year-to-date basis. Meanwhile, stocks in the Finance group have lost about 6.56% on average. As we can see, AllianceBernstein Holding L.P. is performing better than its sector in the calendar year.
Breaking things down more, AB is a member of the Financial - Investment Management industry, which includes 48 individual companies and currently sits at #99 in the Zacks Industry Rank. On average, stocks in this group have gained 12.08% this year, meaning that AB is slightly underperforming its industry in terms of year-to-date returns.
Going forward, investors interested in Finance stocks should continue to pay close attention to AB as it looks to continue its solid performance.