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Is Full House Resorts (FLL) Stock Outpacing Its Consumer Discretionary Peers This Year?

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For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Full House Resorts (FLL - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? 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.

Full House Resorts is a member of the Consumer Discretionary sector. This group includes 251 individual stocks and currently holds a Zacks Sector Rank of #12. 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 proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. FLL is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for FLL's full-year earnings has moved 141.67% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, FLL has gained about 78.63% so far this year. In comparison, Consumer Discretionary companies have returned an average of 3.06%. This shows that Full House Resorts is outperforming its peers so far this year.

Looking more specifically, FLL belongs to the Gaming industry, which includes 28 individual stocks and currently sits at #222 in the Zacks Industry Rank. On average, stocks in this group have gained 13.24% this year, meaning that FLL is performing better in terms of year-to-date returns.

Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to FLL as it looks to continue its solid performance.


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