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Are Consumer Discretionary Stocks Lagging Betterware de Mexico SAPI de C (BWMX) This Year?

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Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Betterware de Mexico SAPI de C (BWMX - 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.

Betterware de Mexico SAPI de C is a member of our Consumer Discretionary group, which includes 256 different companies and currently sits at #11 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Betterware de Mexico SAPI de C is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for BWMX's full-year earnings has moved 38% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the latest available data, BWMX has gained about 26.5% so far this year. Meanwhile, the Consumer Discretionary sector has returned an average of -3% on a year-to-date basis. This means that Betterware de Mexico SAPI de C is outperforming the sector as a whole this year.

Another stock in the Consumer Discretionary sector, Carnival (CCL - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 11.3%.

For Carnival, the consensus EPS estimate for the current year has increased 6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Betterware de Mexico SAPI de C belongs to the Consumer Products - Discretionary industry, a group that includes 27 individual stocks and currently sits at #148 in the Zacks Industry Rank. Stocks in this group have gained about 9.6% so far this year, so BWMX is performing better this group in terms of year-to-date returns.

On the other hand, Carnival belongs to the Leisure and Recreation Services industry. This 27-stock industry is currently ranked #168. The industry has moved +3% year to date.

Investors interested in the Consumer Discretionary sector may want to keep a close eye on Betterware de Mexico SAPI de C and Carnival as they attempt to continue their solid performance.

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