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Is Marubeni (MARUY) Outperforming Other Conglomerates Stocks This Year?

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The Conglomerates group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Marubeni Corp. (MARUY - 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? Let's take a closer look at the stock's year-to-date performance to find out.

Marubeni Corp. is a member of our Conglomerates group, which includes 19 different companies and currently sits at #10 in the Zacks Sector Rank. 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. Marubeni Corp. is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for MARUY's full-year earnings has moved 3.8% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, MARUY has moved about 38.3% on a year-to-date basis. Meanwhile, the Conglomerates sector has returned an average of 5.9% on a year-to-date basis. This shows that Marubeni Corp. is outperforming its peers so far this year.

Mitsui & Co. (MITSY - Free Report) is another Conglomerates stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 37.6%.

The consensus estimate for Mitsui & Co.'s current year EPS has increased 9.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Marubeni Corp. belongs to the Diversified Operations industry, a group that includes 19 individual stocks and currently sits at #150 in the Zacks Industry Rank. This group has gained an average of 5.9% so far this year, so MARUY is performing better in this area. Mitsui & Co. is also part of the same industry.

Marubeni Corp. and Mitsui & Co. could continue their solid performance, so investors interested in Conglomerates stocks should continue to pay close attention to these stocks.

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