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Has BB Seguridade Participacoes (BBSEY) Outpaced Other Finance Stocks This Year?

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The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is BB Seguridade Participacoes SA (BBSEY - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

BB Seguridade Participacoes SA is a member of our Finance group, which includes 884 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

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. BB Seguridade Participacoes SA is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for BBSEY's full-year earnings has moved 400% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, BBSEY has moved about 48.9% on a year-to-date basis. Meanwhile, stocks in the Finance group have lost about 14.8% on average. This means that BB Seguridade Participacoes SA is performing better than its sector in terms of year-to-date returns.

BOC Hong Kong Ltd. (BHKLY - Free Report) is another Finance stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 2.5%.

The consensus estimate for BOC Hong Kong Ltd.'s current year EPS has increased 4.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

To break things down more, BB Seguridade Participacoes SA belongs to the Insurance - Multi line industry, a group that includes 32 individual companies and currently sits at #88 in the Zacks Industry Rank. Stocks in this group have lost about 6.3% so far this year, so BBSEY is performing better this group in terms of year-to-date returns.

On the other hand, BOC Hong Kong Ltd. belongs to the Banks - Foreign industry. This 66-stock industry is currently ranked #85. The industry has moved -8.6% year to date.

BB Seguridade Participacoes SA and BOC Hong Kong Ltd. could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks.


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