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Are Finance Stocks Lagging American Healthcare REIT, Inc. (AHR) This Year?

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Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is American Healthcare REIT (AHR - 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.

American Healthcare REIT is a member of our Finance group, which includes 831 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

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. American Healthcare REIT is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for AHR's full-year earnings has moved 1.5% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, AHR has returned 0.9% so far this year. Meanwhile, stocks in the Finance group have gained about 0.8% on average. This means that American Healthcare REIT is performing better than its sector in terms of year-to-date returns.

Alerus (ALRS - 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 28.6%.

In Alerus' case, the consensus EPS estimate for the current year increased 13.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, American Healthcare REIT belongs to the REIT and Equity Trust - Other industry, a group that includes 90 individual stocks and currently sits at #92 in the Zacks Industry Rank. This group has gained an average of 12.2% so far this year, so AHR is slightly underperforming its industry in this area.

Alerus, however, belongs to the Financial - Miscellaneous Services industry. Currently, this 107-stock industry is ranked #147. The industry has moved -11.9% so far this year.

Going forward, investors interested in Finance stocks should continue to pay close attention to American Healthcare REIT and Alerus as they could maintain their solid performance.

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