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Are Consumer Discretionary Stocks Lagging Bassett Furniture Industries (BSET) 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. Is Bassett Furniture (BSET - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Bassett Furniture is one of 260 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #10 within 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 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. Bassett Furniture is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for BSET's full-year earnings has moved 7.9% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, BSET has gained about 21.4% so far this year. Meanwhile, stocks in the Consumer Discretionary group have lost about 8.2% on average. This means that Bassett Furniture is outperforming the sector as a whole this year.
AMC Entertainment (AMC - Free Report) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 66%.
In AMC Entertainment's case, the consensus EPS estimate for the current year increased 45% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Bassett Furniture belongs to the Furniture industry, a group that includes 7 individual companies and currently sits at #32 in the Zacks Industry Rank. On average, this group has gained an average of 6.7% so far this year, meaning that BSET is performing better in terms of year-to-date returns.
On the other hand, AMC Entertainment belongs to the Leisure and Recreation Services industry. This 28-stock industry is currently ranked #154. The industry has moved +3.9% year to date.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Bassett Furniture and AMC Entertainment as they could maintain their solid performance.
View the Zacks #1 Rank List
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Are Consumer Discretionary Stocks Lagging Bassett Furniture Industries (BSET) This Year?
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Bassett Furniture (BSET - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Bassett Furniture is one of 260 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #10 within 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 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. Bassett Furniture is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for BSET's full-year earnings has moved 7.9% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, BSET has gained about 21.4% so far this year. Meanwhile, stocks in the Consumer Discretionary group have lost about 8.2% on average. This means that Bassett Furniture is outperforming the sector as a whole this year.
AMC Entertainment (AMC - Free Report) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 66%.
In AMC Entertainment's case, the consensus EPS estimate for the current year increased 45% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Bassett Furniture belongs to the Furniture industry, a group that includes 7 individual companies and currently sits at #32 in the Zacks Industry Rank. On average, this group has gained an average of 6.7% so far this year, meaning that BSET is performing better in terms of year-to-date returns.
On the other hand, AMC Entertainment belongs to the Leisure and Recreation Services industry. This 28-stock industry is currently ranked #154. The industry has moved +3.9% year to date.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Bassett Furniture and AMC Entertainment as they could maintain their solid performance.