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Are Consumer Discretionary Stocks Lagging CuriosityStream (CURI) 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. Has CuriosityStream Inc. (CURI - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

CuriosityStream Inc. is a member of the Consumer Discretionary sector. This group includes 255 individual stocks and currently holds a Zacks Sector Rank of #10. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. CuriosityStream Inc. is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for CURI's full-year earnings has moved 77.8% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

According to our latest data, CURI has moved about 256.9% on a year-to-date basis. Meanwhile, stocks in the Consumer Discretionary group have gained about 9.3% on average. This means that CuriosityStream Inc. is performing better than its sector in terms of year-to-date returns.

Another Consumer Discretionary stock, which has outperformed the sector so far this year, is Bilibili (BILI - Free Report) . The stock has returned 15% year-to-date.

Over the past three months, Bilibili's consensus EPS estimate for the current year has increased 78.9%. The stock currently has a Zacks Rank #2 (Buy).

To break things down more, CuriosityStream Inc. belongs to the Film and Television Production and Distribution industry, a group that includes 8 individual companies and currently sits at #159 in the Zacks Industry Rank. This group has gained an average of 13.3% so far this year, so CURI is performing better in this area.

Bilibili, however, belongs to the Broadcast Radio and Television industry. Currently, this 19-stock industry is ranked #144. The industry has moved +34.6% so far this year.

Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to CuriosityStream Inc. and Bilibili as they could maintain their solid performance.


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